TAMAN BAYAN in Pendang, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 259K and a median price per square foot (PSF) of RM 202.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 259K, with most transactions falling within a stable range of RM 214K to RM 304K, and a typical market range of RM 223K to RM 295K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 202, with core pricing between RM 175 and RM 230. Market pricing typically extends from RM 172.63 to RM 231.38, reflecting moderate variation in unit pricing. With an IQR of RM 58.75 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.