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Market Snapshot
CommercialRM 157,500
RM 107 psfMedian transaction price
Taman Pekan Baru (Kms) in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 165K and a median price per square foot (PSF) of RM 119.
This area contains both residential and commercial properties. View 12 residential properties or 28 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 165K, with most transactions falling within a stable range of RM 135K to RM 195K, and a typical market range of RM 133K to RM 198K.
Most transactions involved 1 - 1 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 119, with core pricing between RM 100 and RM 138. Market pricing typically extends from RM 98.50 to RM 139.50, reflecting moderate variation in unit pricing. The spread of RM 41.00 (IQR) and deviation of RM 19 (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.