Kedah
Pendang
Bandar Pendang
TAMAN MUHIBBAH(PENDANG)

TAMAN MUHIBBAH(PENDANG)

Area Intelligence

2024

Median Price

RM 422,500

PSF: RM 111

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Residential PSF Trends

Median Price

RM 422,500

PSF: RM 111

TAMAN MUHIBBAH(PENDANG) in Pendang, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 423K and a median price per square foot (PSF) of RM 111.

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 423K, with most transactions falling within a stable range of RM 395K to RM 450K, and a typical market range of RM 395K to RM 450K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 111, with most transactions between RM 108 and RM 113. The usual range is RM 95.50 to RM 125.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 3 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.

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TAMAN MUHIBBAH(PENDANG), Pendang, Kedah

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