Area Intelligence

TMN BANDAR BARU SP (PKNK)

8 properties
3-Storey Storey Shop
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Median Price
RM 410,000
PSF: RM 296

Residential Market

Median Price

RM 200,000

IQR: RM 56
MAD: RM 34
RM 180 PSF 4.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 410,000

IQR: RM 211
MAD: RM 32
RM 296 PSF 20.1%

PSF Trends (2021-2025)

TMN BANDAR BARU SP (PKNK) in Kuala Muda, Kedah recorded 8 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 410K and a median price per square foot (PSF) of RM 296.

This area contains both residential and commercial properties. View 35 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 410K, with most transactions falling within a stable range of RM 380K to RM 603K, and a typical market range of RM 380K to RM 445K.

Within the 3-Storey Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 296, though individual units vary from RM 174 to RM 417 in the core range. The broader market spans RM 253.25 to RM 337.75, indicating diverse property characteristics. A wider spread (IQR: RM 84.50) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN BANDAR BARU SP (PKNK), Kuala Muda, Kedah

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Transactions

8 properties grouped by size

1,300 sqft
2 units 3-Storey Storey Shop
RM 380,000
LRG. 11/1-B
1,302 sqft · RM 292.00 PSF
Oct 2023
RM 390,000
LRG. 11/1-A
1,302 sqft · RM 299.00 PSF
May 2023
1,500 sqft
6 units 3-Storey Storey Shop
RM 800,000
LORONG 9
1,496 sqft · RM 535.00 PSF
Jun 2024
RM 850,000
LORONG 9
1,496 sqft · RM 568.00 PSF
Jun 2024
RM 380,000
JLN BANDAR BARU 4
1,496 sqft · RM 254.00 PSF
Feb 2024
RM 410,000
JLN BANDAR BARU 4
1,496 sqft · RM 274.00 PSF
May 2023
RM 410,000
JLN BANDAR BARU 4
1,496 sqft · RM 274.00 PSF
Apr 2022
RM 700,000
LRG 9
1,496 sqft · RM 468.00 PSF
Jan 2022