Area Intelligence

BANDAR BARU TANAH MERAH

1 properties
2023
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Median Price
RM 515,000
PSF: RM 431

Commercial Market

Median Price

RM 515,000

IQR: RM 72
MAD: RM 42
RM 431 PSF 1.4%

PSF Trends (2021-2025)

BANDAR BARU TANAH MERAH in Pendang, Kedah recorded 1 subsale transactions in 2023, with a median price of RM 515K and a median price per square foot (PSF) of RM 431.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 431, with most transactions between RM 431 and RM 431. The usual range is RM 395.25 to RM 466.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU TANAH MERAH, Pendang, Kedah

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Transactions

1 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 515,000
JLN BANDAR BARU 3
1,195 sqft · RM 431.00 PSF
Apr 2023