SRI TANDOP INDUSTRIAL PARK

SRI TANDOP INDUSTRIAL PARK in Kota Setar, Kedah recorded 12 subsale transactions in 2022, with a median price of RM 669K and a median price per square foot (PSF) of RM 512.

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 669K, with most transactions falling within a stable range of RM 571K to RM 767K, and a typical market range of RM 577K to RM 762K.

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

The median PSF stands at RM 512, with core pricing between RM 421 and RM 603. Market pricing typically extends from RM 443.00 to RM 581.00, reflecting moderate variation in unit pricing. The spread of RM 138.00 (IQR) and deviation of RM 91 (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.