TAMAN ORKID

TAMAN ORKID in Kluang, Johor recorded 4 subsale transactions in 2024, with a median price of RM 183K and a median price per square foot (PSF) of RM 180.

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 183K, with most transactions falling within a stable range of RM 150K to RM 200K, and a typical market range of RM 143K to RM 200K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM 180, with core pricing between RM 150 and RM 210. Market pricing typically extends from RM 139.75 to RM 220.25, reflecting moderate variation in unit pricing. The spread of RM 80.50 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.