TAMAN ORKID

TAMAN ORKID in Kudat, Sabah recorded 4 subsale transactions in 2023, with a median price of RM 278K and a median price per square foot (PSF) of RM 127.

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 278K, with most transactions falling within a stable range of RM 232K to RM 323K, and a typical market range of RM 211K to RM 325K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 127, though individual units vary from RM 92 to RM 162 in the core range. The broader market spans RM 102.75 to RM 151.25, indicating diverse property characteristics. A wider spread (IQR: RM 48.50) and deviation (MAD: RM 35) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.