TAMAN TERATAI (PENDANG)

TAMAN TERATAI (PENDANG) in Pendang, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 126.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 365K, with most transactions falling within a stable range of RM 350K to RM 380K, and a typical market range of RM 350K to RM 380K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 126, with core pricing between RM 106 and RM 145. Market pricing typically extends from RM 115.75 to RM 135.25, reflecting moderate variation in unit pricing. The spread of RM 19.50 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.