TAMAN BANDAR BARU SP (PKNK)

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 211.

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 165K to RM 310K, 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 211, though individual units vary from RM 156 to RM 266 in the core range. The broader market spans RM 168.75 to RM 253.25, indicating diverse property characteristics. A wider spread (IQR: RM 84.50) and deviation (MAD: RM 55) indicate significant PSF variations, likely due to diverse property types or conditions.

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.