SUNGAI PASIR INDUSTRIAL PARK

SUNGAI PASIR INDUSTRIAL PARK in Kuala Muda, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 173.

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 380K, with most transactions falling within a stable range of RM 285K to RM 791K, and a typical market range of RM 285K to RM 824K.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 173, with core pricing between RM 142 and RM 204. Market pricing typically extends from RM 149.25 to RM 196.75, reflecting moderate variation in unit pricing. The spread of RM 47.50 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.

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.