Area Intelligence

STARGATE

3 properties

2023

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Median Price

RM 500,000

PSF: RM 325

Commercial Market

Median Price

RM 500,000

IQR: RM 108

MAD: RM 69

RM 325 PSF 16.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Double Storey Shop

5 properties

Median Price

RM 400,000

-12.5% CAGR

Median PSF

RM 260.00

-24.1% CAGR

3-Storey Storey Shop

3 properties

Median Price

RM 707,250

-30.5% CAGR

Median PSF

RM 379.75

-1.4% CAGR

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Double Storey Shop	5	RM 400,000 ±17K MAD	-12.48%	RM 260.00 ±44 MAD	-24.13%
3-Storey Storey Shop	3	RM 707,250 ±127K MAD	-30.50%	RM 379.75 ±3 MAD	-1.44%

STARGATE in Kota Setar, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 325.

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 500K, with most transactions falling within a stable range of RM 400K to RM 841K, and a typical market range of RM 438K to RM 562K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 325, though individual units vary from RM 251 to RM 399 in the core range. The broader market spans RM 271.25 to RM 378.75, indicating diverse property characteristics. The spread of RM 107.50 (IQR) and deviation of RM 74 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.