| LIST.MY · Bandar Baru Tanah Merah | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Jalan Bandar Baru 1
|
RM650,000
|
RM289
|
2,250 sqft
|
|
2-Sty Shop |
|
Jalan Bandar Baru 1
|
RM1,000,000
|
RM272
|
3,681 sqft
|
|
2-Sty Shop |
Selling in Bandar Baru Tanah Merah? Homes here sold for a median of RM825,000.
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Nearby areas in Pekan Kubur Panjang
Taman Aman(Pkn Tanah Merah)
Bandar Baru Tanah Merah
(98A)Jalan Tanah Merah-Pendang
Taman Harmoni (Tnh Merah Pendang)
Taman Sejahtera (Pt 6713 G.kepayang)
Taman Sri Tanjung
Taman Pudina (Pendang)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in Pekan Kubur Panjang
Market Snapshot
CommercialRM825,000
RM280 psfMedian transaction price
BANDAR BARU TANAH MERAH, Pekan Kubur Panjang, 06700, Pendang, Kedah, Malaysia
Bandar Baru Tanah Merah in Pendang, Kedah recorded 2 subsale transactions in 2024, with a median price of RM825K and a median price per square foot (PSF) of RM280.
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 RM825K, with most transactions falling within a stable range of RM650K to RM1.00 million, and a typical market range of RM737K to RM913K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM280, with most transactions between RM272 and RM289. The usual range is RM249.79 to RM310.79, showing that most units are priced quite close to each other. With an IQR of RM61.00 and MAD of RM9, 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.