Kaw Miel Sungai Lalang

Kedah, Kuala Muda, Sungai Petani

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Selling in Kaw Miel Sungai Lalang? Homes here sold for a median of RM3,000,000.

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Market Snapshot

Commercial

RM1,400,000

RM112 psf

Median transaction price

Kaw Miel Sungai Lalang in Kuala Muda, Kedah recorded 0 subsale transactions in 2023, with a median price of RM3.00 million and a median price per square foot (PSF) of RM107.

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 RM3.00 million, with most transactions falling within a stable range of RM1.40 million to RM4.60 million, and a typical market range of RM2.20 million to RM3.80 million.

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

For price per square foot, the median is RM107, with most transactions between RM102 and RM112. The usual range is RM104.50 to RM109.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM5.00 and an average deviation (MAD) of RM5 indicate a highly stable PSF trend across properties.

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.