TAMAN ORKID

Area Intelligence

2022

Median Price

RM 159,500

PSF: RM 99

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Residential PSF Trends

Median Price

RM 159,500

PSF: RM 99

TAMAN ORKID in Baling, Kedah recorded 2 subsale transactions in 2022, sized between 1,000 and 3,000 sqft, with a median price of RM 160K and a median price per square foot (PSF) of RM 99.

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 160K, with most transactions falling within a stable range of RM 140K to RM 179K, and a typical market range of RM 140K to RM 179K.

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

For price per square foot, the median is RM 99, with most transactions between RM 97 and RM 100. The usual range is RM 64.90 to RM 132.40, showing that most units are priced quite close to each other. With an IQR of RM 67.50 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN ORKID, Baling, Kedah

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