Area Intelligence

PEKAN SIMPANG KUALA

14 properties
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Median Price
RM 790,000
PSF: RM 556

Commercial Market

Median Price

RM 790,000

IQR: RM 471
MAD: RM 151
RM 556 PSF 15.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN SIMPANG KUALA in Kota Setar, Kedah recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 790K and a median price per square foot (PSF) of RM 556.

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 790K, with most transactions falling within a stable range of RM 650K to RM 930K, and a typical market range of RM 511K to RM 1.07 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 556, though individual units vary from RM 405 to RM 706 in the core range. The broader market spans RM 319.88 to RM 791.13, indicating diverse property characteristics. A wider spread (IQR: RM 471.25) and deviation (MAD: RM 151) 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. 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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PEKAN SIMPANG KUALA, Kota Setar, Kedah

OSM

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Transactions

14 properties grouped by size

1,300 sqft
2 units 3-Storey Storey Shop
RM 1,250,000
PEKAN SIMPANG KUALA
1,302 sqft · RM 960.00 PSF
Aug 2022
RM 1,200,000
PEKAN SIMPANG KUALA
1,302 sqft · RM 921.00 PSF
Mar 2022
1,400 sqft
3 units
RM 780,000
Double Storey Shop JALAN PSK 2
1,399 sqft · RM 557.00 PSF
Oct 2024
RM 870,000
3-Storey Storey Shop JLN ALOR MENGKUDU/SPG KUALA
1,399 sqft · RM 622.00 PSF
Jun 2024
RM 775,000
Double Storey Shop JLN ALOR MENGKUDU/SPG KUALA
1,399 sqft · RM 554.00 PSF
Dec 2022
1,500 sqft
1 units Double Storey Shop
RM 390,000
JLN SPK 1
1,507 sqft · RM 259.00 PSF
Nov 2022
1,550 sqft
1 units Double Storey Shop
RM 680,000
OFF JLN PEKAN SIMPANG KUALA
1,572 sqft · RM 433.00 PSF
Jan 2025
1,600 sqft
5 units
RM 680,000
Double Storey Shop JLN PSK 1
1,582 sqft · RM 430.00 PSF
Jan 2025
RM 800,000
3-Storey Storey Shop JALAN PSK 1
1,604 sqft · RM 499.00 PSF
Apr 2024
RM 650,000
3-Storey Storey Shop JALAN PSK 1
1,604 sqft · RM 405.00 PSF
Feb 2024
RM 1,447,000
4-Storey Storey Shop JALAN PSK 1
1,604 sqft · RM 902.00 PSF
Mar 2023
RM 650,000
Double Storey Shop JLN ALOR MENGKUDU/SPG KUALA
1,604 sqft · RM 405.00 PSF
Apr 2022
2,150 sqft
1 units 3-Storey Storey Shop
RM 2,600,000
JLN SPG KUALA
2,164 sqft · RM 1,202.00 PSF
Jul 2022
4,350 sqft
1 units 4-Storey Storey Shop
RM 3,903,000
JALAN PSK 1
4,327 sqft · RM 902.00 PSF
Jun 2023