BANDAR BARU TANAH MERAH

Area Intelligence
1 subsale transactions
2023
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Median Price
RM 515,000
PSF: RM 431

Commercial PSF Trends

Median Price

RM 515,000

RM 431 PSF

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 431.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 431, with most transactions between RM 431 and RM 431. The usual range is RM 405.63 to RM 456.38, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU TANAH MERAH, Pendang, Kedah

OSM

Transactions

1 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,200 sqft
Double Storey Shop
RM 515,000
JALAN BANDAR BARU 3
1,195 sqft · RM 431.00 PSF
Apr 2023