TAMAN ORKID in Kudat, Sabah recorded 1 subsale transactions in 2021, with a median price of RM 175K and a median price per square foot (PSF) of RM 111.
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 175K, with most transactions falling within a stable range of RM 108K to RM 243K, and a typical market range of RM 113K to RM 237K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 111, though individual units vary from RM 83 to RM 139 in the core range. The broader market spans RM 81.63 to RM 140.38, indicating diverse property characteristics. A wider spread (IQR: RM 58.75) and deviation (MAD: RM 28) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
