TAMAN NILAM

TAMAN NILAM in Kuala Muda, Kedah recorded 5 subsale transactions in 2021, with a median price of RM 210K and a median price per square foot (PSF) of RM 150.

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 210K, with most transactions falling within a stable range of RM 181K to RM 225K, and a typical market range of RM 166K to RM 225K.

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

The median PSF stands at RM 150, with core pricing between RM 129 and RM 171. Market pricing typically extends from RM 117.13 to RM 182.88, reflecting moderate variation in unit pricing. With an IQR of RM 65.75 and MAD of RM 21, 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.