PEKAN BARU PENDANG

Area Intelligence
2021
Median Price
RM 480,000
PSF: RM 300

Commercial PSF Trends

Median Price

RM 480,000

RM 300 PSF

PEKAN BARU PENDANG in Pendang, Kedah recorded 1 subsale transactions in 2021, with a median price of RM 480K and a median price per square foot (PSF) of RM 300.

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 480K, with most transactions falling within a stable range of RM 431K to RM 529K, and a typical market range of RM 395K to RM 565K.

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

The median PSF stands at RM 300, with core pricing between RM 251 and RM 349. Market pricing typically extends from RM 253.00 to RM 347.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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PEKAN BARU PENDANG, Pendang, Kedah

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