TAMAN TERATAI (PENDANG)

TAMAN TERATAI (PENDANG) in Pendang, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 126.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 335K to RM 395K, and a typical market range of RM 348K to RM 383K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 126, with core pricing between RM 111 and RM 141. Market pricing typically extends from RM 115.75 to RM 135.25, reflecting moderate variation in unit pricing. With an IQR of RM 19.50 and MAD of RM 15, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.