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 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.
The median PSF stands at RM 211, with core pricing between RM 175 and RM 247. Market pricing typically extends from RM 168.75 to RM 253.25, reflecting moderate variation in unit pricing. 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.
