TAMAN ORCHID WOOD

TAMAN ORCHID WOOD in Bahagian Kuching, Sarawak recorded 2 subsale transactions in 2021, with a median price of RM 23K and a median price per square foot (PSF) of RM 45.

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 23K, with most transactions falling within a stable range of RM 21K to RM 24K, and a typical market range of RM 21K to RM 24K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

For price per square foot, the median is RM 45, with most transactions between RM 42 and RM 48. The usual range is RM 28.75 to RM 61.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.