THE LAGUNA

THE LAGUNA in Langkawi, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 675K and a median price per square foot (PSF) of RM 429.

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 675K, with most transactions falling within a stable range of RM 550K to RM 800K, and a typical market range of RM 574K to RM 776K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 429, with most transactions between RM 426 and RM 431. The usual range is RM 424.13 to RM 432.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.75 and an average deviation (MAD) of RM 3 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.