BANDAR BARU TANAH MERAH

Area Intelligence
2023
Median Price
RM 515,000
PSF: RM 431

Commercial PSF Trends

Median Price

RM 515,000

RM 431 PSF

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 431.

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 515K, with most transactions falling within a stable range of RM 448K to RM 583K, and a typical market range of RM 427K to RM 603K.

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

For price per square foot, the median is RM 431, with most transactions between RM 400 and RM 463. The usual range is RM 400.50 to RM 461.50, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 32, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR BARU TANAH MERAH, Pendang, Kedah

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