| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bandar Baru 3
|
RM 450,000
|
RM 454
|
990 sqft
|
|
1-Sty Shop |
|
Jalan Bandar Baru 3
|
RM 400,000
|
RM 404
|
990 sqft
|
|
2-Sty Shop |
|
Jalan Bandar Baru 1
|
RM 600,000
|
RM 267
|
2,250 sqft
|
|
|
|
Jalan Bandar Baru 1
|
RM 620,000
|
RM 276
|
2,250 sqft
|
|
|
|
Jalan Bandar Baru 1
|
RM 650,000
|
RM 289
|
2,250 sqft
|
|
|
|
Jalan Bandar Baru 3
|
RM 515,000
|
RM 229
|
2,250 sqft
|
|
|
Jalan Bandar Baru 1
|
RM 1,000,000
|
RM 272
|
3,681 sqft
|
|
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Market Snapshot
CommercialRM 600,000
RM 276 psfMedian transaction price
BANDAR BARU TANAH MERAH, Pekan Kubur Panjang, 06700, Pendang, Kedah, Malaysia
Bandar Baru Tanah Merah in Pendang, Kedah recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 600K and a median price per square foot (PSF) of RM 276.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 418K to RM 782K, and a typical market range of RM 512K to RM 688K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 276, though individual units vary from RM 199 to RM 352 in the core range. The broader market spans RM 245.10 to RM 306.10, indicating diverse property characteristics. A wider spread (IQR: RM 61.00) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.
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.