TAMAN ORKID 2 (PL 3554), AYER TAWAR in Manjung, Perak recorded 5 subsale transactions in 2024, with a median price of RM 539K and a median price per square foot (PSF) of RM 205.
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 539K, with most transactions falling within a stable range of RM 514K to RM 459K, and a typical market range of RM 438K to RM 459K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 205, with core pricing between RM 178 and RM 232. Market pricing typically extends from RM 188.50 to RM 221.50, reflecting moderate variation in unit pricing. With an IQR of RM 33.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.