Area Intelligence

BANDAR BARU TANAH MERAH

7 properties
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Median Price
RM 620,000
PSF: RM 502

Commercial Market

Median Price

RM 620,000

IQR: RM 72
MAD: RM 42
RM 502 PSF 1.4%

PSF Trends (2021-2025)

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 620K and a median price per square foot (PSF) of RM 502.

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 620K, with most transactions falling within a stable range of RM 590K to RM 650K, and a typical market range of RM 574K to RM 666K.

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

For price per square foot, the median is RM 502, with most transactions between RM 460 and RM 544. The usual range is RM 466.25 to RM 537.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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BANDAR BARU TANAH MERAH, Pendang, Kedah

OSM

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Transactions

7 properties found

Double Storey Shop JALAN BANDAR BARU 1
RM 620,000
1,195 sqft Jan 2025
RM 519.00 PSF
Double Storey Shop JALAN BANDAR BARU 1
RM 650,000
1,195 sqft Jul 2024
RM 544.00 PSF
Double Storey Shop JALAN BANDAR BARU 1
RM 1,000,000
2,045 sqft Jul 2024
RM 489.00 PSF
Double Storey Shop JLN BANDAR BARU 3
RM 515,000
1,195 sqft Apr 2023
RM 431.00 PSF
Double Storey Shop JALAN BANDAR BARU 1
RM 229,000
1,200 sqft Jul 2022
RM 191.00 PSF
Double Storey Shop JALAN BANDAR BARU 2
RM 650,000
1,195 sqft Jul 2022
RM 544.00 PSF
Double Storey Shop JALAN BANDAR BARU 2
RM 600,000
1,195 sqft Apr 2022
RM 502.00 PSF