Area Intelligence

BANDAR LUNAS

3 properties
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Median Price
RM 582,000
PSF: RM 360

Commercial Market

Median Price

RM 582,000

IQR: RM 171
MAD: RM 27
RM 360 PSF 39.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BANDAR LUNAS in Kulim, Kedah recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 582K and a median price per square foot (PSF) of RM 360.

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 582K, with most transactions falling within a stable range of RM 400K to RM 764K, and a typical market range of RM 400K to RM 832K.

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

For price per square foot, the median is RM 360, with most transactions between RM 333 and RM 387. The usual range is RM 274.75 to RM 445.25, showing that most units are priced quite close to each other. With an IQR of RM 170.50 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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BANDAR LUNAS, Kulim, Kedah

OSM

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Transactions

3 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 400,000
JALAN ARA KUDA
1,200 sqft · RM 333.00 PSF
May 2024
1,600 sqft
1 units Double Storey Shop
RM 582,000
JALAN RAYA PEKAN LUNAS
1,615 sqft · RM 360.00 PSF
Jul 2023
2,100 sqft
1 units 3-Storey Storey Shop
RM 1,400,000
TAMAN BAYAM
2,077 sqft · RM 674.00 PSF
Jul 2024