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Market Snapshot
ResidentialRM 232,500
RM 194 psfMedian transaction price
Taman Kelisa Jaya, 86400 Parit Raja, Johor Darul Ta'zim, Malaysia
MapsTaman Kelisa Jaya , Parit Raja in Batu Pahat, Johor recorded 2 subsale transactions in 2022, with a median price of RM 233K and a median price per square foot (PSF) of RM 194.
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 233K, with most transactions falling within a stable range of RM 160K to RM 305K, and a typical market range of RM 160K to RM 305K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 194, with most transactions between RM 191 and RM 198. The usual range is RM 175.86 to RM 212.86, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.