| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Orkid 1
|
RM 350,000
|
RM 227
|
1,539 sqft
|
|
|
|
Jalan Orkid 4
|
RM 368,000
|
RM 239
|
1,539 sqft
|
|
|
Jalan Okid
|
RM 498,000
|
RM 275
|
1,808 sqft
|
|
|
|
Jalan Okid 1
|
RM 450,000
|
RM 249
|
1,808 sqft
|
|
|
Jalan Orkid 1
|
RM 435,000
|
RM 216
|
2,013 sqft
|
|
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Market Snapshot
ResidentialRM 435,000
RM 239 psfMedian transaction price
Jln Sungai Bilah, Bukit Gambir, 84700 Bukit Gambir, Johor Darul Ta'zim, Malaysia
MapsTaman Orkid - Tr. 768 in Tangkak, Johor recorded 5 subsale transactions in 2022, with a median price of RM 435K and a median price per square foot (PSF) of RM 239.
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 435K, with most transactions falling within a stable range of RM 381K to RM 489K, and a typical market range of RM 350K to RM 498K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 239, with most transactions between RM 219 and RM 259. The usual range is RM 160.21 to RM 317.96, showing that most units are priced quite close to each other. With an IQR of RM 157.75 and MAD of RM 20, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.