MERGONG BARRAGE

MERGONG BARRAGE in Kota Setar, Kedah recorded 1 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 84.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 84, with most transactions between RM 84 and RM 84. The usual range is RM 69.00 to RM 99.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 0 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.