TAMAN MEWAH, SIMPANG KANAN

TAMAN MEWAH, SIMPANG KANAN in Batu Pahat, Johor recorded 2 subsale transactions in 2023, with a median price of RM 337K and a median price per square foot (PSF) of RM 215.

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 337K, with most transactions falling within a stable range of RM 314K to RM 360K, and a typical market range of RM 248K to RM 425K.

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

The median PSF stands at RM 215, with core pricing between RM 193 and RM 237. Market pricing typically extends from RM 178.50 to RM 251.50, reflecting moderate variation in unit pricing. With an IQR of RM 73.00 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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.