TAMAN NILAM in Kuala Muda, Kedah recorded 0 subsale transactions in 2021, priced between RM 1.00 million and RM 2.00 million, with a median price of RM 230K and a median price per square foot (PSF) of RM 161.
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 230K, with most transactions falling within a stable range of RM 182K to RM 278K, and a typical market range of RM 183K to RM 278K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 161, though individual units vary from RM 123 to RM 199 in the core range. The broader market spans RM 128.50 to RM 193.50, indicating diverse property characteristics. The spread of RM 65.00 (IQR) and deviation of RM 38 (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.
