TAMAN BANDAR BARU SP (PKNK)

Area Intelligence
2023
Median Price
RM 225,000
PSF: RM 162

Residential PSF Trends

Median Price

RM 200,000

PSF: RM 188

Commercial PSF Trends

Median Price

RM 390,000

RM 292 PSF

TAMAN BANDAR BARU SP (PKNK) in Kuala Muda, Kedah recorded 12 subsale transactions in 2023, with a median price of RM 225K and a median price per square foot (PSF) of RM 162.

This area contains both residential and commercial properties. View 35 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 225K, with most transactions falling within a stable range of RM 195K to RM 255K, and a typical market range of RM 190K to RM 260K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 162, though individual units vary from RM 126 to RM 198 in the core range. The broader market spans RM 119.39 to RM 203.89, indicating diverse property characteristics. The spread of RM 84.50 (IQR) and deviation of RM 36 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BANDAR BARU SP (PKNK), Kuala Muda, Kedah

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