TAMAN KLANG UTAMA @ ORKID (P/L 6555,6556)

TAMAN KLANG UTAMA @ ORKID (P/L 6555,6556) in Klang, Selangor recorded 8 subsale transactions in 2022, with a median price of RM 545K and a median price per square foot (PSF) of RM 447.

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 545K, with most transactions falling within a stable range of RM 502K to RM 588K, and a typical market range of RM 525K to RM 565K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 447, with most transactions between RM 405 and RM 488. The usual range is RM 414.38 to RM 478.63, showing that most units are priced quite close to each other. With an IQR of RM 64.25 and MAD of RM 42, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.