TAMAN BANANG HEIGHTS - TR 509 in Batu Pahat, Johor recorded 4 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 166.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 205K to RM 295K, and a typical market range of RM 123K to RM 378K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 166, with core pricing between RM 137 and RM 195. Market pricing typically extends from RM 85.88 to RM 246.13, reflecting moderate variation in unit pricing. The spread of RM 160.25 (IQR) and deviation of RM 29 (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.
