TAMAN ORKID (TR 177)

Area Intelligence
2023
Median Price
RM 575,000
PSF: RM 256

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. 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 256, though individual units vary from RM 185 to RM 327 in the core range. The broader market spans RM 164.50 to RM 347.50, indicating diverse property characteristics. A wider spread (IQR: RM 183.00) and deviation (MAD: RM 71) 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.

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TAMAN ORKID (TR 177), Muar, Johor

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Transactions

4 transactions grouped by size

750 sqft
Low-Cost House
RM 170,000
JALAN ORKID 4
728 sqft · RM 234 PSF
1,650 sqft
Double Storey Terraced
RM 450,000
JALAN ORKID 1
1,651 sqft · RM 273 PSF
2,700 sqft
Double Storey Semi-D
RM 1,100,000
JALAN ORKID BARU 1
2,680 sqft · RM 410 PSF
2,950 sqft
Double Storey Terraced
RM 700,000
JALAN ORKID 6
2,934 sqft · RM 239 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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