TMN SRI PENDANG (RPA II & III)

TMN SRI PENDANG (RPA II & III) in Pendang, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 75K and a median price per square foot (PSF) of RM 81.

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 75K, with most transactions falling within a stable range of RM 60K to RM 90K, and a typical market range of RM 61K to RM 89K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 81, with core pricing between RM 65 and RM 97. Market pricing typically extends from RM 65.63 to RM 96.38, reflecting moderate variation in unit pricing. The spread of RM 30.75 (IQR) and deviation of RM 16 (MAD) suggest moderate price variations reflecting different property features.

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.