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 381K to RM 500K, and a typical market range of RM 316K to RM 500K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 378, though individual units vary from RM 274 to RM 482 in the core range. The broader market spans RM 286.75 to RM 469.25, indicating diverse property characteristics. A wider spread (IQR: RM 182.50) and deviation (MAD: RM 104) 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. Moderate transaction volume may require patience when buying or selling.
