TAMAN ORKID BARU, LABIS

TAMAN ORKID BARU, LABIS in Segamat, Johor recorded 6 subsale transactions in 2022, with a median price of RM 113K and a median price per square foot (PSF) of RM 112.

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 113K, with most transactions falling within a stable range of RM 60K to RM 190K, and a typical market range of RM 75K to RM 151K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 112, though individual units vary from RM 86 to RM 137 in the core range. The broader market spans RM 87.50 to RM 135.50, indicating diverse property characteristics. The spread of RM 48.00 (IQR) and deviation of RM 26 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.