Taman Orkid 2 (Pl 3554), Ayer Tawar

Perak, Manjung, Sitiawan

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Market Snapshot

Residential

RM539,000

RM205 psf

Median transaction price

Taman Orkid 2 (Pl 3554), Ayer Tawar in Manjung, Perak recorded 0 subsale transactions in 2023, with a median price of RM539K and a median price per square foot (PSF) of RM205.

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 RM539K, with most transactions falling within a stable range of RM409K to RM669K, and a typical market range of RM426K to RM652K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM205, with most transactions between RM189 and RM221. The usual range is RM193.25 to RM216.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM23.50 and an average deviation (MAD) of RM16 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.