Area Intelligence

BANDAR LAGUNA MERBOK

3 properties
2023
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Median Price
RM 546,000
PSF: RM 390

Commercial Market

Median Price

RM 546,000

IQR: RM 81
MAD: RM 49
RM 390 PSF 8.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR LAGUNA MERBOK in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 546K and a median price per square foot (PSF) of RM 390.

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 546K, with most transactions falling within a stable range of RM 434K to RM 600K, and a typical market range of RM 465K to RM 600K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 390, though individual units vary from RM 310 to RM 470 in the core range. The broader market spans RM 349.50 to RM 430.50, indicating diverse property characteristics. The spread of RM 81.00 (IQR) and deviation of RM 80 (MAD) suggest moderate price variations reflecting different property features.

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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BANDAR LAGUNA MERBOK, Kuala Muda, Kedah

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Transactions

3 properties grouped by size

1,400 sqft
3 units
RM 600,000
Double Storey Shop LRG BLM 1/1
1,400 sqft · RM 429.00 PSF
Aug 2023
RM 340,000
Single Storey Shop LRG BLM 1/8
1,400 sqft · RM 243.00 PSF
May 2023
RM 546,000
Double Storey Shop LORONG BLM 1/7
1,400 sqft · RM 390.00 PSF
Jan 2023

Auction Properties

1 auction properties in BANDAR LAGUNA MERBOK