BANDAR BARU TANAH MERAH

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 517.

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 825K, with most transactions falling within a stable range of RM 650K to RM 1.00 million, and a typical market range of RM 789K to RM 861K.

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

For price per square foot, the median is RM 517, with most transactions between RM 489 and RM 544. The usual range is RM 491.13 to RM 541.88, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 28, 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.