Area Intelligence

BANYAN AVENUE

11 properties
Double Storey Shop
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Median Price
RM 370,000
PSF: RM 283

Commercial Market

Median Price

RM 370,000

IQR: RM 9
MAD: RM 7
RM 283 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANYAN AVENUE in Kuala Muda, Kedah recorded 11 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 370K and a median price per square foot (PSF) of RM 283.

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 370K, with most transactions falling within a stable range of RM 350K to RM 525K, and a typical market range of RM 350K to RM 535K.

Within the Double 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 283, with most transactions between RM 273 and RM 293. The usual range is RM 278.50 to RM 287.50, 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 10 indicate a highly stable PSF trend across properties.

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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BANYAN AVENUE, Kuala Muda, Kedah

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Transactions

11 properties grouped by size

1,300 sqft
8 units Double Storey Shop
RM 350,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 269.00 PSF
Sep 2023
RM 350,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 269.00 PSF
Aug 2023
RM 370,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 284.00 PSF
Aug 2023
RM 350,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 269.00 PSF
Jul 2023
RM 370,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 284.00 PSF
Jul 2023
RM 370,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 284.00 PSF
Jun 2023
RM 397,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 305.00 PSF
Jun 2023
RM 370,000
OFF JLN LENCONGAN TIMUR
1,302 sqft · RM 284.00 PSF
Jun 2023
2,550 sqft
3 units Double Storey Shop
RM 720,000
OFF JALAN LENCONGAN TIMUR
2,540 sqft · RM 283.00 PSF
Aug 2023
RM 700,000
OFF JLN LENCONGAN TIMUR
2,540 sqft · RM 276.00 PSF
Aug 2023
RM 720,000
OFF JLN LENCONGAN TIMUR
2,540 sqft · RM 283.00 PSF
Aug 2023