TAMAN SRI MAS in Pendang, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 114.
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 200K, with most transactions falling within a stable range of RM 134K to RM 266K, and a typical market range of RM 130K to RM 270K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
Price per square foot shows a median of RM 114, though individual units vary from RM 87 to RM 141 in the core range. The broader market spans RM 93.00 to RM 135.00, indicating diverse property characteristics. The spread of RM 42.00 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.
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.
