| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bandar Baru 1
|
RM 650,000
|
RM 289
|
2,250 sqft
|
|
|
Jalan Bandar Baru 1
|
RM 1,000,000
|
RM 272
|
3,681 sqft
|
|
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Market Snapshot
CommercialRM 825,000
RM 280 psfMedian transaction price
BANDAR BARU TANAH MERAH, Pekan Kubur Panjang, 06700, Pendang, Kedah, Malaysia
Bandar Baru Tanah Merah in Pendang, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 825K and a median price per square foot (PSF) of RM 280.
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 825K, with most transactions falling within a stable range of RM 650K to RM 1.00 million, and a typical market range of RM 737K to RM 913K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 280, with most transactions between RM 272 and RM 289. The usual range is RM 249.79 to RM 310.79, showing that most units are priced quite close to each other. With an IQR of RM 61.00 and MAD of RM 9, 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.