TAMAN PEKAN BARU (KMS)

TAMAN PEKAN BARU (KMS) in Kuala Muda, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 278K and a median price per square foot (PSF) of RM 181.

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 278K, with most transactions falling within a stable range of RM 165K to RM 390K, and a typical market range of RM 221K to RM 334K.

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

Price per square foot shows a median of RM 181, though individual units vary from RM 118 to RM 244 in the core range. The broader market spans RM 149.50 to RM 212.50, indicating diverse property characteristics. A wider spread (IQR: RM 63.00) and deviation (MAD: RM 63) indicate significant PSF variations, likely due to diverse property types or conditions.

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.