TAMAN ORKID

TAMAN ORKID in Kota Setar, Kedah recorded 6 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 161.

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 190K, with most transactions falling within a stable range of RM 175K to RM 205K, and a typical market range of RM 173K to RM 208K.

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

The median PSF stands at RM 161, with core pricing between RM 138 and RM 184. Market pricing typically extends from RM 148.75 to RM 173.25, reflecting moderate variation in unit pricing. With an IQR of RM 24.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.