| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Orkid 2
|
RM 100,000
|
RM 84
|
1,195 sqft
|
|
|
|
Jalan Besar
|
RM 70,000
|
RM 59
|
1,195 sqft
|
|
|
|
Jalan Orkid Besar
|
RM 150,000
|
RM 126
|
1,195 sqft
|
|
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Taman Serdang Jaya (Orkid), Bandar Baru, Kedah
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 70K to RM 133K, and a typical market range of RM 85K to RM 115K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 84, though individual units vary from RM 56 to RM 111 in the core range. The broader market spans RM 71.20 to RM 96.20, indicating diverse property characteristics. A wider spread (IQR: RM 25.00) and deviation (MAD: RM 28) indicate significant PSF variations, likely due to diverse property types or conditions.
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.