TAMAN ORKID

TAMAN ORKID in Kota Setar, Kedah recorded 5 subsale transactions in 2022, with a median price of RM 160K and a median price per square foot (PSF) of RM 146.

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 134K to RM 186K, and a typical market range of RM 143K to RM 178K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 146, with core pricing between RM 122 and RM 170. Market pricing typically extends from RM 133.75 to RM 158.25, reflecting moderate variation in unit pricing. The spread of RM 24.50 (IQR) and deviation of RM 24 (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.