| 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
|
|
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Market Snapshot
CommercialRM 450,000
RM 404 psfMedian transaction price
BANDAR BARU TANAH MERAH, Pekan Kubur Panjang, 06700, Pendang, Kedah, Malaysia
Bandar Baru Tanah Merah in Pendang, Kedah recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 450K and a median price per square foot (PSF) of RM 404.
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 450K, with most transactions falling within a stable range of RM 400K to RM 535K, and a typical market range of RM 400K to RM 538K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 404, with core pricing between RM 325 and RM 483. Market pricing typically extends from RM 373.43 to RM 434.43, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 79 (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.