| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Orkid 1
|
RM 170,000
|
RM 234
|
728 sqft
|
|
|
Jalan Orkid 5
|
RM 200,000
|
RM 172
|
1,160 sqft
|
|
|
Jalan Orkid Baru 1
|
RM 1,150,000
|
RM 429
|
2,680 sqft
|
|
|
|
Jalan Orkid Baru 1
|
RM 1,150,000
|
RM 427
|
2,691 sqft
|
|
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Market Snapshot
ResidentialRM 675,000
RM 330 psfMedian transaction price
Taman Orkid, 84000 Muar, Johor Darul Ta'zim, Malaysia
MapsTaman Orkid (Tr 177) in Muar, Johor recorded 4 subsale transactions in 2021, with a median price of RM 675K and a median price per square foot (PSF) of RM 330.
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 675K, with most transactions falling within a stable range of RM 192K to RM 1.15 million, and a typical market range of RM 225K to RM 1.13 million.
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 330, though individual units vary from RM 216 to RM 445 in the core range. The broader market spans RM 238.94 to RM 421.94, indicating diverse property characteristics. A wider spread (IQR: RM 183.00) and deviation (MAD: RM 115) 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.