TAMAN ORKID BARU, LABIS

Area Intelligence
2021
Median Price
RM 270,000
PSF: RM 143

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 143

TAMAN ORKID BARU, LABIS in Segamat, Johor recorded 1 subsale transactions in 2021, with a median price of RM 270K and a median price per square foot (PSF) of RM 143.

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 270K, with most transactions falling within a stable range of RM 193K to RM 347K, and a typical market range of RM 187K to RM 353K.

Most transactions involved detached factory/warehous, with moderate diversity in property types available.

Price per square foot shows a median of RM 143, though individual units vary from RM 113 to RM 173 in the core range. The broader market spans RM 117.75 to RM 168.25, indicating diverse property characteristics. The spread of RM 50.50 (IQR) and deviation of RM 30 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ORKID BARU, LABIS, Segamat, Johor

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