| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Orkid 4
|
RM 170,000
|
RM 234
|
728 sqft
|
|
|
Jalan Orkid 1
|
RM 450,000
|
RM 286
|
1,572 sqft
|
|
|
|
Jalan Orkid 6
|
RM 700,000
|
RM 445
|
1,572 sqft
|
|
|
Jalan Orkid Baru 1
|
RM 1,100,000
|
RM 410
|
2,680 sqft
|
|
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Market Snapshot
ResidentialRM 575,000
RM 348 psfMedian transaction price
Taman Orkid, 84000 Muar, Johor Darul Ta'zim, Malaysia
MapsTaman Orkid (Tr 177) in Muar, Johor recorded 4 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 348.
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 575K, with most transactions falling within a stable range of RM 233K to RM 917K, and a typical market range of RM 170K to RM 1.03 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 348, though individual units vary from RM 261 to RM 435 in the core range. The broader market spans RM 256.88 to RM 439.88, indicating diverse property characteristics. The spread of RM 183.00 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.
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.