TAMAN ORKID

Area Intelligence

2024

Median Price

RM 247,500

PSF: RM 136

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Residential PSF Trends

Median Price

RM 247,500

PSF: RM 136

TAMAN ORKID in Kudat, Sabah recorded 6 subsale transactions in 2024, with a median price of RM 248K and a median price per square foot (PSF) of RM 136.

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 248K, with most transactions falling within a stable range of RM 350K to RM 303K, and a typical market range of RM 350K to RM 309K.

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

The median PSF stands at RM 136, with core pricing between RM 120 and RM 151. Market pricing typically extends from RM 106.13 to RM 164.88, reflecting moderate variation in unit pricing. With an IQR of RM 58.75 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

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.

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TAMAN ORKID, Kudat, Sabah

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