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Market Snapshot
ResidentialRM 275,000
RM 133 psfMedian transaction price
Taman Orkid, Baling, Kedah
Taman Orkid in Baling, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 275K and a median price per square foot (PSF) of RM 133.
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 275K, with most transactions falling within a stable range of RM 230K to RM 320K, and a typical market range of RM 238K to RM 313K.
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 133, though individual units vary from RM 101 to RM 164 in the core range. The broader market spans RM 99.17 to RM 166.67, indicating diverse property characteristics. The spread of RM 67.50 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
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.