TAMAN PEKAN BARU (KMS)

TAMAN PEKAN BARU (KMS) in Kuala Muda, Kedah recorded 14 subsale transactions in 2023, with a median price of RM 175K and a median price per square foot (PSF) of RM 123.

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 175K, with most transactions falling within a stable range of RM 140K to RM 216K, and a typical market range of RM 143K to RM 208K.

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

Price per square foot shows a median of RM 123, though individual units vary from RM 94 to RM 152 in the core range. The broader market spans RM 103.13 to RM 142.88, indicating diverse property characteristics. The spread of RM 39.75 (IQR) and deviation of RM 29 (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.