Sungai Pasir Industrial Park in Kuala Muda, Kedah recorded 2 subsale transactions in 2023, with a median price of RM270K and a median price per square foot (PSF) of RM121.

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 RM270K, with most transactions falling within a stable range of RM220K to RM320K, and a typical market range of RM220K to RM320K.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM121, with core pricing between RM98 and RM143. Market pricing typically extends from RM101.10 to RM140.10, reflecting moderate variation in unit pricing. The spread of RM39.00 (IQR) and deviation of RM22 (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.