TAMAN PEKAN BARU (KMS)

TAMAN PEKAN BARU (KMS) in Kuala Muda, Kedah recorded 16 subsale transactions in 2022, with a median price of RM 143K and a median price per square foot (PSF) of RM 99.

This area contains both residential and commercial properties. View 11 residential properties or 27 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 143K, with most transactions falling within a stable range of RM 120K to RM 195K, and a typical market range of RM 120K to RM 175K.

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

The median PSF stands at RM 99, with core pricing between RM 81 and RM 117. Market pricing typically extends from RM 79.13 to RM 118.88, reflecting moderate variation in unit pricing. The spread of RM 39.75 (IQR) and deviation of RM 18 (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.