TAMAN ORKID

Area Intelligence

2024

Median Price

RM 202,500

PSF: RM 154

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Residential PSF Trends

Median Price

RM 202,500

PSF: RM 154

TAMAN ORKID in Kota Setar, Kedah recorded 2 subsale transactions in 2024, with a median price of RM 203K and a median price per square foot (PSF) of RM 154.

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 203K, with most transactions falling within a stable range of RM 170K to RM 235K, and a typical market range of RM 185K to RM 220K.

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

For price per square foot, the median is RM 154, with most transactions between RM 153 and RM 155. The usual range is RM 141.75 to RM 166.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

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.

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TAMAN ORKID, Kota Setar, Kedah

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