TAMAN ORKID, PEKAN MERU

TAMAN ORKID, PEKAN MERU in Klang, Selangor recorded 5 subsale transactions in 2024, with a median price of RM 499K and a median price per square foot (PSF) of RM 414.

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 499K, with most transactions falling within a stable range of RM 441K to RM 557K, and a typical market range of RM 447K to RM 551K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 414, though individual units vary from RM 304 to RM 524 in the core range. The broader market spans RM 343.25 to RM 484.75, indicating diverse property characteristics. A wider spread (IQR: RM 141.50) and deviation (MAD: RM 110) indicate significant PSF variations, likely due to diverse property types or conditions.

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.