RESIDENSI BIDARA 3 in Pendang, Kedah recorded 4 subsale transactions in 2022, with a median price of RM 364K and a median price per square foot (PSF) of RM 119.
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 364K, with most transactions falling within a stable range of RM 263K to RM 465K, and a typical market range of RM 259K to RM 468K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 119, with most transactions between RM 112 and RM 127. The usual range is RM 111.63 to RM 126.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.75 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.
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.
