Area Intelligence

ORCHID VIEW LUXURY APARTMENT

2 properties
2023
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Median Price
RM 482,500
PSF: RM 330

Residential Market

Median Price

RM 482,500

IQR: RM 58
MAD: RM 33
RM 330 PSF 12.4%

PSF Trends (2021-2025)

ORCHID VIEW LUXURY APARTMENT in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 483K and a median price per square foot (PSF) of RM 330.

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 483K, with most transactions falling within a stable range of RM 445K to RM 520K, and a typical market range of RM 445K to RM 520K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 330, with most transactions between RM 304 and RM 355. The usual range is RM 300.63 to RM 358.38, showing that most units are priced quite close to each other. With an IQR of RM 57.75 and MAD of RM 26, 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.

Area Location

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ORCHID VIEW LUXURY APARTMENT, Johor Bahru, Johor

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Transactions

2 properties grouped by size

1,450 sqft
2 units Condo/Apartment
RM 520,000
1,464 sqft · RM 355.00 PSF
Jul 2023
RM 445,000
1,464 sqft · RM 304.00 PSF
Apr 2023