Area Intelligence

PEC LOT 1171 ( SP )

2 properties
2024
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Median Price
RM 635,000
PSF: RM 387

Commercial Market

Median Price

RM 635,000

IQR: RM 203
MAD: RM 107
RM 387 PSF 39.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEC LOT 1171 ( SP ) in Kuala Muda, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 635K and a median price per square foot (PSF) of RM 387.

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 635K, with most transactions falling within a stable range of RM 520K to RM 750K, and a typical market range of RM 540K to RM 730K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 387, though individual units vary from RM 237 to RM 536 in the core range. The broader market spans RM 285.00 to RM 488.00, indicating diverse property characteristics. A wider spread (IQR: RM 203.00) and deviation (MAD: RM 150) indicate significant PSF variations, likely due to diverse property types or conditions.

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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PEC LOT 1171 ( SP ), Kuala Muda, Kedah

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 750,000
JLN BAKAR ARANG
1,399 sqft · RM 536.00 PSF
Mar 2024
2,200 sqft
1 units Double Storey Shop
RM 520,000
JLN BAKAR ARANG
2,196 sqft · RM 237.00 PSF
Mar 2024