TAMAN BANDAR BARU SP (PKNK)

Area Intelligence
2021
Median Price
RM 222,500
PSF: RM 173

Residential PSF Trends

Median Price

RM 222,500

PSF: RM 173

Commercial PSF Trends

Median Price

RM 410,000

RM 296 PSF

TAMAN BANDAR BARU SP (PKNK) in Kuala Muda, Kedah recorded 4 subsale transactions in 2021, with a median price of RM 223K and a median price per square foot (PSF) of RM 173.

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 223K, with most transactions falling within a stable range of RM 193K to RM 253K, and a typical market range of RM 188K to RM 258K.

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 173, though individual units vary from RM 137 to RM 209 in the core range. The broader market spans RM 130.25 to RM 214.75, 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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