TAMAN ORKID 2 SIMPANG RENGAM

TAMAN ORKID 2 SIMPANG RENGAM in Kluang, Johor recorded 2 subsale transactions in 2024, with a median price of RM 530K and a median price per square foot (PSF) of RM 146.

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 530K, with most transactions falling within a stable range of RM 460K to RM 600K, and a typical market range of RM 509K to RM 551K.

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

Price per square foot shows a median of RM 146, though individual units vary from RM 116 to RM 175 in the core range. The broader market spans RM 132.00 to RM 159.00, indicating diverse property characteristics. The spread of RM 27.00 (IQR) and deviation of RM 30 (MAD) suggest moderate price variations reflecting different property features.

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.