BANDAR BARU TANAH MERAH

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 3 subsale transactions in 2022, with a median price of RM 600K 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 600K, with most transactions falling within a stable range of RM 412K to RM 650K, and a typical market range of RM 554K to RM 646K.

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

Price per square foot shows a median of RM 502, though individual units vary from RM 345 to RM 659 in the core range. The broader market spans RM 466.25 to RM 537.75, indicating diverse property characteristics. A wider spread (IQR: RM 71.50) and deviation (MAD: RM 157) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.