TAMAN KLANG UTAMA (ORKID) (P/L 6555,6556) in Klang, Selangor recorded 3 subsale transactions in 2024, with a median price of RM 450K and a median price per square foot (PSF) of RM 376.
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 450K, with most transactions falling within a stable range of RM 410K to RM 490K, and a typical market range of RM 410K to RM 490K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 376, with core pricing between RM 311 and RM 441. Market pricing typically extends from RM 327.50 to RM 424.50, reflecting moderate variation in unit pricing. The spread of RM 97.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.