BANDAR LUNAS
Commercial Market
Median Price
RM 1,400,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
2 properties
Median Price
RM 491,000
-31.3% CAGR
Median PSF
RM 346.50
-7.5% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 1,400,000
Median PSF
RM 674.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 2 |
RM 491,000
±91K MAD
|
-31.27% |
RM 346.50
±14 MAD
|
-7.50% | |
| 3-Storey Storey Shop | 1 |
RM 1,400,000
|
- |
RM 674.00
|
- |
BANDAR LUNAS in Kulim, Kedah recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.40 million and a median price per square foot (PSF) of RM 674.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 674, with most transactions between RM 674 and RM 674. The usual range is RM 588.75 to RM 759.25, showing that most units are priced quite close to each other. With an IQR of RM 170.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
TAMAN BAYAM
|
RM 1,400,000
|
RM 674.00
|
2,077 sqft
|
Jul 2024
|