TMN NILAM

TMN NILAM in Langkawi, Kedah recorded 11 subsale transactions in 2022, with a median price of RM 100K and a median price per square foot (PSF) of RM 71.

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 100K, with most transactions falling within a stable range of RM 95K to RM 129K, and a typical market range of RM 95K to RM 125K.

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

Price per square foot shows a median of RM 71, though individual units vary from RM 55 to RM 87 in the core range. The broader market spans RM 59.25 to RM 82.75, indicating diverse property characteristics. The spread of RM 23.50 (IQR) and deviation of RM 16 (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.