TAMAN PEKAN BARU ( KMU )

TAMAN PEKAN BARU ( KMU ) in Kuala Muda, Kedah recorded 4 subsale transactions in 2024, with a median price of RM 982K and a median price per square foot (PSF) of RM 596.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 982K, with most transactions falling within a stable range of RM 691K to RM 1.27 million, and a typical market range of RM 693K to RM 1.27 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 596, with core pricing between RM 493 and RM 698. Market pricing typically extends from RM 432.75 to RM 758.25, reflecting moderate variation in unit pricing. The spread of RM 325.50 (IQR) and deviation of RM 103 (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.