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PSF median price per sq ft · 12m its change over the past 12 months
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THE LAGUNA, Padang Matsirat, Bandar Padang Mat Sirat, 07100, Langkawi, Kedah, Malaysia
The Laguna in Langkawi, Kedah recorded 2 subsale transactions in 2024, with a median price of RM640K and a median price per square foot (PSF) of RM445.
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 RM640K, with most transactions falling within a stable range of RM580K to RM700K, and a typical market range of RM580K to RM700K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM445, with most transactions between RM443 and RM447. The usual range is RM442.49 to RM447.49, showing that most units are priced quite close to each other. A typical spread (IQR) of RM5.00 and an average deviation (MAD) of RM2 indicate a highly stable PSF trend across properties.
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.