Area Intelligence

KAWASAN PERUSAHAAN MERGONG

5 properties
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Median Price
RM 500,000
PSF: RM 131

Commercial Market

Median Price

RM 450,000

IQR: RM 37
RM 200 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KAWASAN PERUSAHAAN MERGONG in Kota Setar, Kedah recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 131.

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 500K, with most transactions falling within a stable range of RM 450K to RM 550K, and a typical market range of RM 450K to RM 800K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 131, though individual units vary from RM 99 to RM 163 in the core range. The broader market spans RM 94.00 to RM 168.00, indicating diverse property characteristics. The spread of RM 74.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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KAWASAN PERUSAHAAN MERGONG, Kota Setar, Kedah

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Transactions

5 properties grouped by size

2,250 sqft
2 units Terraced Factory
RM 450,000
LRG PERAK 22
2,250 sqft · RM 200.00 PSF
Oct 2022
RM 450,000
LOR PERAK 22
2,250 sqft · RM 200.00 PSF
May 2022
4,000 sqft
1 units Terraced Factory
RM 500,000
LOR PERAK 22
3,980 sqft · RM 126.00 PSF
May 2022
10,650 sqft
1 units Detached Factory
RM 1,050,000
LORONG PERAK 12
10,646 sqft · RM 99.00 PSF
Apr 2022
24,500 sqft
1 units Detached Factory
RM 3,200,000
LORONG EMAS 3
24,492 sqft · RM 131.00 PSF
Jun 2022