Area Intelligence

TMN WIRA(RPA MERGONG)

3 properties
2023
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Median Price
RM 350,000
PSF: RM 350

Commercial Market

Median Price

RM 350,000

IQR: RM 127
MAD: RM 77
RM 350 PSF 27.3%

PSF Trends (2021-2025)

TMN WIRA(RPA MERGONG) in Kota Setar, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 350.

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 350K, with most transactions falling within a stable range of RM 220K to RM 508K, and a typical market range of RM 274K to RM 426K.

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 350, though individual units vary from RM 230 to RM 470 in the core range. The broader market spans RM 286.38 to RM 413.63, indicating diverse property characteristics. A wider spread (IQR: RM 127.25) and deviation (MAD: RM 120) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN WIRA(RPA MERGONG), Kota Setar, Kedah

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Transactions

3 properties grouped by size

1,000 sqft
1 units Double Storey Shop
RM 350,000
JALAN SEPAT 6
1,000 sqft · RM 350.00 PSF
Oct 2023
1,400 sqft
1 units 3-Storey Storey Shop
RM 600,000
OFF JLN SULTANAH
1,400 sqft · RM 429.00 PSF
Nov 2023
1,500 sqft
1 units Double Storey Shop
RM 220,000
OFF JLN SULTANAH SAMBUNGAN
1,520 sqft · RM 145.00 PSF
May 2023