TAMAN ORKID

Area Intelligence

2023

Median Price

RM 277,500

PSF: RM 127

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Residential PSF Trends

Median Price

RM 277,500

PSF: RM 127

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 258K to RM 250K, and a typical market range of RM 216K to RM 250K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 127, with most transactions between RM 120 and RM 134. The usual range is RM 97.63 to RM 156.38, showing that most units are priced quite close to each other. With an IQR of RM 58.75 and MAD of RM 7, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ORKID, Kudat, Sabah

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