Area Intelligence

BANYAN AVENUE

2 properties
Single Storey Shop
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Median Price
RM 697,500
PSF: RM 276

Commercial Market

Median Price

RM 697,500

IQR: RM 9
MAD: RM 7
RM 276 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANYAN AVENUE in Kuala Muda, Kedah recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 698K and a median price per square foot (PSF) of RM 276.

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 698K, with most transactions falling within a stable range of RM 695K to RM 700K, and a typical market range of RM 695K to RM 700K.

Within the Single Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 276, with most transactions between RM 275 and RM 276. The usual range is RM 271.00 to RM 280.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANYAN AVENUE, Kuala Muda, Kedah

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Transactions

2 properties grouped by size

2,550 sqft
2 units Single Storey Shop
RM 700,000
OFF JLN LENCONGAN TIMUR
2,540 sqft · RM 276.00 PSF
Dec 2023
RM 695,000
OFF JLN LENCONGAN TIMUR
2,530 sqft · RM 275.00 PSF
Sep 2023