TAMAN NILAM

TAMAN NILAM in Kuala Muda, Kedah recorded 2 subsale transactions in 2021, with a median price of RM 180K and a median price per square foot (PSF) of RM 121.

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 180K, with most transactions falling within a stable range of RM 150K to RM 210K, and a typical market range of RM 150K to RM 210K.

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

The median PSF stands at RM 121, with core pricing between RM 107 and RM 134. Market pricing typically extends from RM 92.00 to RM 149.00, reflecting moderate variation in unit pricing. With an IQR of RM 57.00 and MAD of RM 14, 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.