Area Intelligence

NEW MILLENNIUM SQUARE ( LOT 1712 & 3250)

2 properties
3-Storey Storey Shop
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Median Price
RM 950,000
PSF: RM 646

Commercial Market

Median Price

RM 950,000

IQR: RM 69
RM 646 PSF 19.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

NEW MILLENNIUM SQUARE ( LOT 1712 & 3250) in Kuala Muda, Kedah recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 950K and a median price per square foot (PSF) of RM 646.

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 950K, with most transactions falling within a stable range of RM 900K to RM 1.00 million, and a typical market range of RM 925K to RM 975K.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 646, with core pricing between RM 577 and RM 715. Market pricing typically extends from RM 611.50 to RM 680.50, reflecting moderate variation in unit pricing. With an IQR of RM 69.00 and MAD of RM 69, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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NEW MILLENNIUM SQUARE ( LOT 1712 & 3250), Kuala Muda, Kedah

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 1,000,000
JLN PPZ 1
1,399 sqft · RM 715.00 PSF
Jun 2023
1,550 sqft
1 units 3-Storey Storey Shop
RM 900,000
JLN BAKAR ARANG
1,561 sqft · RM 577.00 PSF
Oct 2024