KUALA KETIL COMMERCIAL CENTRE

KUALA KETIL COMMERCIAL CENTRE in Baling, Kedah recorded 4 subsale transactions in 2021, with a median price of RM 640K and a median price per square foot (PSF) of RM 457.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 640K, with most transactions falling within a stable range of RM 640K to RM 985K, and a typical market range of RM 640K to RM 898K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 457, with most transactions between RM 434 and RM 480. The usual range is RM 455.13 to RM 458.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.75 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.