Johor
Johor Bahru
Pulai
TAMAN SRI ORKID

TAMAN SRI ORKID

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 378

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Residential PSF Trends

Median Price

RM 480,000

PSF: RM 377

Commercial PSF Trends

Median Price

RM 1,125,000

RM 701 PSF

TAMAN SRI ORKID in Johor Bahru, Johor recorded 51 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 378.

This area contains both residential and commercial properties. View 137 residential properties or 17 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 1.58 million to RM 535K, and a typical market range of RM 1.58 million to RM 684K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 378, with most transactions between RM 358 and RM 399. The usual range is RM 286.75 to RM 469.25, showing that most units are priced quite close to each other. With an IQR of RM 182.50 and MAD of RM 21, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN SRI ORKID, Johor Bahru, Johor

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