Area Intelligence

LANGKAWI MALL

5 properties
2024
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Median Price
RM 550,000
PSF: RM 491

Commercial Market

Median Price

RM 550,000

IQR: RM 159
MAD: RM 90
RM 491 PSF 1.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

LANGKAWI MALL in Langkawi, Kedah recorded 5 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 491.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 331K to RM 769K, and a typical market range of RM 448K to RM 653K.

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

Price per square foot shows a median of RM 491, though individual units vary from RM 381 to RM 601 in the core range. The broader market spans RM 411.75 to RM 570.25, indicating diverse property characteristics. The spread of RM 158.50 (IQR) and deviation of RM 110 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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LANGKAWI MALL, Langkawi, Kedah

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Transactions

5 properties grouped by size

1,050 sqft
1 units Double Storey Shop
RM 297,000
PERSIARAN BUNGA RAYA
1,055 sqft · RM 282.00 PSF
Jun 2024
1,100 sqft
3 units Double Storey Shop
RM 650,000
PERSIARAN BUNGA RAYA
1,119 sqft · RM 581.00 PSF
Nov 2024
RM 450,000
JLN. PERSIARAN BUNGA RAYA
1,119 sqft · RM 402.00 PSF
Jun 2024
RM 550,000
PERSIARAN BUNGA RAYA
1,119 sqft · RM 491.00 PSF
Jan 2024
1,700 sqft
1 units Double Storey Shop
RM 950,000
PERSIARAN BUNGA RAYA
1,690 sqft · RM 562.00 PSF
Nov 2024