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Market Snapshot
ResidentialRM 391,000
RM 79 psfMedian transaction price
Taman Melor Fasa 1-Pendang in Pendang, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 285K and a median price per square foot (PSF) of RM 90.
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 285K, with most transactions falling within a stable range of RM 230K to RM 340K, and a typical market range of RM 243K to RM 328K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 90, with core pricing between RM 77 and RM 103. Market pricing typically extends from RM 77.13 to RM 101.88, reflecting moderate variation in unit pricing. With an IQR of RM 24.75 and MAD of RM 13, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.