TAMAN NILAM

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 87K to RM 141K, and a typical market range of RM 90K to RM 139K.

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 76 and RM 98. Market pricing typically extends from RM 75.50 to RM 97.50, reflecting moderate variation in unit pricing. With an IQR of RM 22.00 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

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.