RESIDENSI BIDARA 3 in Pendang, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 230K and a median price per square foot (PSF) of RM 159.
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 230K, with most transactions falling within a stable range of RM 129K to RM 331K, and a typical market range of RM 125K to RM 334K.
Most transactions involved low-cost house, with high diversity across multiple property types.
For price per square foot, the median is RM 159, with most transactions between RM 151 and RM 166. The usual range is RM 151.13 to RM 165.88, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
