| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bandar Baru 3
|
RM 515,000
|
RM 229
|
2,250 sqft
|
|
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Market Snapshot
CommercialRM 515,000
RM 229 psfMedian transaction price
BANDAR BARU TANAH MERAH, Pekan Kubur Panjang, 06700, Pendang, Kedah, Malaysia
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 229.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 229, with most transactions between RM 229 and RM 229. The usual range is RM 198.42 to RM 259.42, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 0, 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.