TAMAN MUHIBBAH(PENDANG)

TAMAN MUHIBBAH(PENDANG) in Pendang, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 334K and a median price per square foot (PSF) of RM 135.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 334K, with most transactions falling within a stable range of RM 220K to RM 448K, and a typical market range of RM 220K to RM 448K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 135, though individual units vary from RM 100 to RM 169 in the core range. The broader market spans RM 119.50 to RM 149.50, indicating diverse property characteristics. A wider spread (IQR: RM 30.00) and deviation (MAD: RM 35) 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.