TAMAN NILAM

Area Intelligence

2022

Median Price

RM 185,000

PSF: RM 132

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Residential PSF Trends

Median Price

RM 185,000

PSF: RM 132

TAMAN NILAM in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, sized between 1,000 and 2,000 sqft, with a median price of RM 185K and a median price per square foot (PSF) of RM 132.

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 185K, with most transactions falling within a stable range of RM 160K to RM 210K, and a typical market range of RM 160K to RM 210K.

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

The median PSF stands at RM 132, with core pricing between RM 114 and RM 150. Market pricing typically extends from RM 103.71 to RM 160.71, reflecting moderate variation in unit pricing. With an IQR of RM 57.00 and MAD of RM 18, 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.

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TAMAN NILAM, Kuala Muda, Kedah

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