LANGKAWI MALL

LANGKAWI MALL in Langkawi, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 607.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 550K to RM 810K, and a typical market range of RM 553K to RM 808K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 607, with core pricing between RM 508 and RM 706. Market pricing typically extends from RM 514.00 to RM 700.00, reflecting moderate variation in unit pricing. The spread of RM 186.00 (IQR) and deviation of RM 99 (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.