| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 360,000
|
RM 276
|
1,302 sqft
|
|
|
|
Level 3
|
RM 340,000
|
RM 261
|
1,302 sqft
|
|
|
Level 1
|
RM 395,000
|
RM 294
|
1,345 sqft
|
|
|
Level 1
|
RM 600,000
|
RM 319
|
1,884 sqft
|
|
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Market Snapshot
ResidentialRM 377,500
RM 285 psfMedian transaction price
CHOGM VILLA, Kampung Bendang Baru, Bandar Kuah, Langkawi, Kedah, Malaysia
Chogm Villa in Langkawi, Kedah recorded 4 subsale transactions in 2024, with a median price of RM 378K and a median price per square foot (PSF) of RM 285.
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 378K, with most transactions falling within a stable range of RM 340K to RM 481K, and a typical market range of RM 340K to RM 448K.
Most transactions involved town house, with minimal variety in property types.
For price per square foot, the median is RM 285, with most transactions between RM 264 and RM 306. The usual range is RM 272.99 to RM 296.99, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.00 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.