TAMAN SERDANG JAYA (ORKID)

TAMAN SERDANG JAYA (ORKID) in Bandar Baru, Kedah recorded 3 subsale transactions in 2023, with a median price of RM 100K and a median price per square foot (PSF) of RM 84.

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 80K to RM 120K, and a typical market range of RM 86K to RM 114K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 84, with core pricing between RM 68 and RM 101. Market pricing typically extends from RM 72.63 to RM 95.38, reflecting moderate variation in unit pricing. The spread of RM 22.75 (IQR) and deviation of RM 17 (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.