TAMAN ORKID, YONG PENG TR140 in Batu Pahat, Johor recorded 3 subsale transactions in 2023, with a median price of RM 358K and a median price per square foot (PSF) of RM 236.
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 358K, with most transactions falling within a stable range of RM 336K to RM 360K, and a typical market range of RM 317K to RM 360K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 236, with most transactions between RM 219 and RM 253. The usual range is RM 206.50 to RM 265.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 17, 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.