TAMAN NILAM

TAMAN NILAM in Kuala Muda, Kedah recorded 9 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 179.

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 250K, with most transactions falling within a stable range of RM 192K to RM 270K, and a typical market range of RM 206K to RM 270K.

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

Price per square foot shows a median of RM 179, though individual units vary from RM 137 to RM 221 in the core range. The broader market spans RM 146.13 to RM 211.88, indicating diverse property characteristics. The spread of RM 65.75 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

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.