| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Orkid
|
RM 190,000
|
RM 146
|
1,300 sqft
|
|
|
|
Lorong Orkid 3
|
RM 160,000
|
RM 123
|
1,300 sqft
|
|
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TAMAN ORKID FASA 2, Cheras, Bandar Sungai Petani, 56000, Kuala Muda, Kedah, Malaysia
Taman Orkid Fasa 2 in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 175K and a median price per square foot (PSF) of RM 135.
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 175K, with most transactions falling within a stable range of RM 160K to RM 190K, and a typical market range of RM 160K to RM 190K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 135, with most transactions between RM 123 and RM 146. The usual range is RM 112.37 to RM 156.87, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.50 and an average deviation (MAD) of RM 12 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.