BANDAR BARU TANAH MERAH

Area Intelligence
2022
Median Price
RM 600,000
PSF: RM 502

Commercial PSF Trends

Median Price

RM 600,000

RM 502 PSF

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 502.

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 412K 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 502, though individual units vary from RM 345 to RM 659 in the core range. The broader market spans RM 471.50 to RM 532.50, indicating diverse property characteristics. A wider spread (IQR: RM 61.00) and deviation (MAD: RM 157) 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.

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BANDAR BARU TANAH MERAH, Pendang, Kedah

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Transactions

3 transactions found

RM 229,000
JALAN BANDAR BARU 1
1,200 sqft RM 191.00 PSF
RM 650,000
JALAN BANDAR BARU 2
1,195 sqft RM 544.00 PSF
RM 600,000
JALAN BANDAR BARU 2
1,195 sqft RM 502.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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