|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Bandar Baru 1
|
RM 600,000
|
RM 267
|
2,250 sqft
|
|
2-Sty Shop |
|
Jalan Bandar Baru 1
|
RM 620,000
|
RM 276
|
2,250 sqft
|
|
2-Sty Shop |
| 2024 | |||||
|
Jalan Bandar Baru 1
|
RM 650,000
|
RM 289
|
2,250 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Jalan Bandar Baru 3
|
RM 515,000
|
RM 229
|
2,250 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Bandar Baru 1
|
RM 229,000
|
RM 102
|
2,250 sqft
|
|
2-Sty Shop |
|
Jalan Bandar Baru 2
|
RM 650,000
|
RM 289
|
2,250 sqft
|
|
2-Sty Shop |
|
Jalan Bandar Baru 2
|
RM 600,000
|
RM 267
|
2,250 sqft
|
|
2-Sty Shop |
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Market Snapshot
CommercialRM 600,000
RM 267 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, sized between 2,225 and 2,274 sqft, with a median price of RM 600K and a median price per square foot (PSF) of RM 267.
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 462K to RM 650K, and a typical market range of RM 512K to RM 650K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 267, though individual units vary from RM 205 to RM 328 in the core range. The broader market spans RM 236.21 to RM 297.21, indicating diverse property characteristics. The spread of RM 61.00 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.