Area Intelligence

PEKAN SIMPANG KUALA

6 properties
Double Storey Shop
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Median Price
RM 680,000
PSF: RM 432

Commercial Market

Median Price

RM 680,000

IQR: RM 471
MAD: RM 151
RM 432 PSF 15.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN SIMPANG KUALA in Kota Setar, Kedah recorded 6 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 680K and a median price per square foot (PSF) of RM 432.

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 680K, with most transactions falling within a stable range of RM 550K to RM 780K, and a typical market range of RM 401K to RM 780K.

Within the Double Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 432, though individual units vary from RM 331 to RM 532 in the core range. The broader market spans RM 195.88 to RM 667.13, indicating diverse property characteristics. The spread of RM 471.25 (IQR) and deviation of RM 101 (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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PEKAN SIMPANG KUALA, Kota Setar, Kedah

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Transactions

6 properties grouped by size

1,400 sqft
2 units Double Storey Shop
RM 780,000
JALAN PSK 2
1,399 sqft · RM 557.00 PSF
Oct 2024
RM 775,000
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
2 units Double Storey Shop
RM 680,000
JLN PSK 1
1,582 sqft · RM 430.00 PSF
Jan 2025
RM 650,000
JLN ALOR MENGKUDU/SPG KUALA
1,604 sqft · RM 405.00 PSF
Apr 2022