RM1,650,000 (RM550 psf based on land size)
DONE DEAL: Semidee, Bukit Orkid, Cheras, Selangor
(REN 08904) 0169586768
DONE DEAL: Condo, Verticas Residensi, Bukit Bintang, Kuala Lumpur
DONE DEAL: Serviced residence, United Point, Segambut, Kuala Lumpur
As Bukit Orkid is a little small, our analysis will include the surrounding neighbourhoods in Northern Cheras. Based on data gathered on Taman Cheras Intan, Taman Lagenda Mas, Kampung Baru 10, and Taman Sri Bahagia, inter alia, average transacted prices for landed residential properties strike a balance between healthy recovery and comparative affordability since the pre-pandemic market. As of 2023, average transacted prices sit at around RM583,000. The average transacted prices for 2019 were around RM614,000. (Source: EdgeProp EPIQ)
Nick Yap (REN 08904) (016-958 6768) of Taras Property revealed that the buyer had been interested in purchasing a landed, new development in this area for quite some time. When the previous owner decided that one home in Bangsar was enough, and decided to sell the featured property, the buyer swooped in.
According to the latest data on EdgeProp for July 2024, there are two listings for sale in Bukit Orkid with an average asking price of RM1,825,000 or RM457.20 psf. There are no rental listings available.
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