TAMAN ORKID

Area Intelligence

2023

Median Price

RM 179,000

PSF: RM 238

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Residential PSF Trends

Median Price

RM 164,000

PSF: RM 227

Commercial PSF Trends

Median Price

RM 601,500

RM 449 PSF

TAMAN ORKID in Hulu Langat, Selangor recorded 12 subsale transactions in 2023, with a median price of RM 179K and a median price per square foot (PSF) of RM 238.

This area contains both residential and commercial properties. View 39 residential properties or 9 commercial properties separately for more focused analysis.

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

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM 238, with most transactions between RM 238 and RM 238. The usual range is RM 211.75 to RM 263.25, showing that most units are priced quite close to each other. With an IQR of RM 51.50 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. 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, Hulu Langat, Selangor

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