TAMAN ORKID

Area Intelligence

2024

Median Price

RM 162,500

PSF: RM 218

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Residential PSF Trends

Median Price

RM 158,500

PSF: RM 217

Commercial PSF Trends

Median Price

RM 670,000

RM 485 PSF

TAMAN ORKID in Hulu Langat, Selangor recorded 12 subsale transactions in 2024, with a median price of RM 163K and a median price per square foot (PSF) of RM 218.

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. The median price is RM 163K, with most transactions falling within a stable range of RM 660K to RM 173K, and a typical market range of RM 660K to RM 203K.

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

For price per square foot, the median is RM 218, with most transactions between RM 209 and RM 228. The usual range is RM 192.25 to RM 243.75, showing that most units are priced quite close to each other. With an IQR of RM 51.50 and MAD of RM 10, 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. 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, Hulu Langat, Selangor

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