PENDANG SQUARE

PENDANG SQUARE in Pendang, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 404.

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 650K, with most transactions falling within a stable range of RM 529K to RM 730K, and a typical market range of RM 521K to RM 730K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 404, though individual units vary from RM 300 to RM 507 in the core range. The broader market spans RM 302.38 to RM 504.63, indicating diverse property characteristics. A wider spread (IQR: RM 202.25) and deviation (MAD: RM 104) 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.