TAMAN ORKID 2 SIMPANG RENGAM

TAMAN ORKID 2 SIMPANG RENGAM in Kluang, Johor recorded 2 subsale transactions in 2022, with a median price of RM 566K and a median price per square foot (PSF) of RM 140.

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 566K, with most transactions falling within a stable range of RM 532K to RM 600K, and a typical market range of RM 545K to RM 587K.

Most transactions involved cluster house, though some variety exists in the market.

The median PSF stands at RM 140, with core pricing between RM 119 and RM 160. Market pricing typically extends from RM 126.00 to RM 153.00, reflecting moderate variation in unit pricing. With an IQR of RM 27.00 and MAD of RM 21, 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.