TAMAN NILAM

TAMAN NILAM in Kuala Muda, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 164.

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 164K to RM 250K, and a typical market range of RM 193K to RM 250K.

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

Price per square foot shows a median of RM 164, though individual units vary from RM 116 to RM 212 in the core range. The broader market spans RM 135.50 to RM 192.50, indicating diverse property characteristics. A wider spread (IQR: RM 57.00) and deviation (MAD: RM 48) indicate significant PSF variations, likely due to diverse property types or conditions.

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.