Kedah
Sik
Bandar Sik
TAMAN ORKID (SIK)

TAMAN ORKID (SIK)

Area Intelligence

2022

Median Price

RM 162,500

PSF: RM 131

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TAMAN ORKID (SIK) in Sik, Kedah recorded 2 subsale transactions in 2022, with a median price of RM 163K and a median price per square foot (PSF) of RM 131.

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 163K, with most transactions falling within a stable range of RM 150K to RM 175K, and a typical market range of RM 150K to RM 175K.

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

For price per square foot, the median is RM 131, with most transactions between RM 126 and RM 135. The usual range is RM 113.38 to RM 147.64, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 5 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 (SIK), Sik, Kedah

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