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 found

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