TAMAN ORKIDFASA 2

TAMAN ORKIDFASA 2 in Kuala Muda, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 243.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 280K to RM 400K, and a typical market range of RM 295K to RM 385K.

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

The median PSF stands at RM 243, with core pricing between RM 200 and RM 286. Market pricing typically extends from RM 210.75 to RM 275.25, reflecting moderate variation in unit pricing. The spread of RM 64.50 (IQR) and deviation of RM 43 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.