Johor
Muar
Bandar Maharani
TAMAN ORKID (TR 177)

TAMAN ORKID (TR 177)

Area Intelligence

2023

Median Price

RM 575,000

PSF: RM 256

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Residential PSF Trends

Median Price

RM 575,000

PSF: RM 256

TAMAN 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 256.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 256, with most transactions between RM 256 and RM 256. The usual range is RM 164.50 to RM 347.50, showing that most units are priced quite close to each other. With an IQR of RM 183.00 and MAD of RM 0, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ORKID (TR 177), Muar, Johor

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