TAMAN NILAM

TAMAN NILAM in Langkawi, Kedah recorded 16 subsale transactions in 2024, with a median price of RM 145K and a median price per square foot (PSF) of RM 87.

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 145K, with most transactions falling within a stable range of RM 122K to RM 168K, and a typical market range of RM 121K to RM 170K.

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

The median PSF stands at RM 87, with core pricing between RM 74 and RM 100. Market pricing typically extends from RM 76.00 to RM 98.00, reflecting moderate variation in unit pricing. The spread of RM 22.00 (IQR) and deviation of RM 13 (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.