TAMAN ORKID FASA 2 in Kuala Muda, Kedah recorded 0 subsale transactions in 2022, priced between RM 500K and RM 750K, with a median price of RM 160K and a median price per square foot (PSF) of RM 123.
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 150K to RM 170K, and a typical market range of RM 139K to RM 181K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 123, though individual units vary from RM 96 to RM 150 in the core range. The broader market spans RM 100.75 to RM 145.25, indicating diverse property characteristics. The spread of RM 44.50 (IQR) and deviation of RM 27 (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. 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.
