Kedah
Langkawi
Bandar Kuah
TAMAN NILAM

TAMAN NILAM

Area Intelligence

2023

Median Price

RM 114,000

PSF: RM 87

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Residential PSF Trends

Median Price

RM 114,000

PSF: RM 87

TAMAN NILAM in Langkawi, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 114K 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 114K, with most transactions falling within a stable range of RM 110K to RM 118K, and a typical market range of RM 110K to RM 118K.

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

For price per square foot, the median is RM 87, with most transactions between RM 82 and RM 91. The usual range is RM 75.50 to RM 97.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

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, Langkawi, Kedah

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