(75C) JLN KG PERAK

(75C) JLN KG PERAK in Kota Setar, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 439.

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 550K, with most transactions falling within a stable range of RM 350K to RM 750K, and a typical market range of RM 450K to RM 650K.

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

Price per square foot shows a median of RM 439, though individual units vary from RM 312 to RM 566 in the core range. The broader market spans RM 370.75 to RM 507.25, indicating diverse property characteristics. A wider spread (IQR: RM 136.50) and deviation (MAD: RM 127) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.