LANGKAWI MALL in Langkawi, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 530K and a median price per square foot (PSF) of RM 474.
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 530K, with most transactions falling within a stable range of RM 400K to RM 660K, and a typical market range of RM 403K to RM 658K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 474, though individual units vary from RM 375 to RM 573 in the core range. The broader market spans RM 380.50 to RM 566.50, indicating diverse property characteristics. The spread of RM 186.00 (IQR) and deviation of RM 99 (MAD) suggest moderate price variations reflecting different property features.
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.
