| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Orkid 1
|
RM 150,000
|
RM 115
|
1,302 sqft
|
|
|
|
Jalan Kem Lapangan Terbang
|
RM 195,000
|
RM 150
|
1,300 sqft
|
|
|
|
Jalan Orkid
|
RM 217,000
|
RM 167
|
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 3 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 150.
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 195K, with most transactions falling within a stable range of RM 167K to RM 217K, and a typical market range of RM 174K to RM 216K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 150, with core pricing between RM 128 and RM 172. Market pricing typically extends from RM 127.75 to RM 172.25, reflecting moderate variation in unit pricing. With an IQR of RM 44.50 and MAD of RM 22, 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.