TAMAN TANAH MERAH

TAMAN TANAH MERAH in Batu Pahat, Johor recorded 7 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 130.

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 370K, with most transactions falling within a stable range of RM 355K to RM 280K, and a typical market range of RM 298K to RM 280K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 130, with core pricing between RM 110 and RM 150. Market pricing typically extends from RM 109.00 to RM 151.00, reflecting moderate variation in unit pricing. The spread of RM 42.00 (IQR) and deviation of RM 20 (MAD) suggest moderate price variations reflecting different property features.

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.