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Taman Harmoni (Tnh Merah Pendang) in Pendang, Kedah recorded 0 subsale transactions in 2021, with a median price of RM 780K and a median price per square foot (PSF) of RM 478.
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 780K, with most transactions falling within a stable range of RM 750K to RM 810K, and a typical market range of RM 618K to RM 943K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 478, with most transactions between RM 470 and RM 486. The usual range is RM 473.50 to RM 482.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 9.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.
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.