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Market Snapshot
ResidentialRM 105,000
RM 167 psfMedian transaction price
Seri Lagenda Condominium Fasa 2 in Langkawi, Kedah recorded 2 subsale transactions in 2023, with a median price of RM 105K and a median price per square foot (PSF) of RM 167.
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 105K, with most transactions falling within a stable range of RM 100K to RM 110K, and a typical market range of RM 100K to RM 110K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 167, with most transactions between RM 158 and RM 176. The usual range is RM 145.43 to RM 188.93, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 9 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.