TAMAN MEWAH TG SEMBRONG in Batu Pahat, Johor recorded 7 subsale transactions in 2023, with a median price of RM 165K and a median price per square foot (PSF) of RM 181.
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 165K, with most transactions falling within a stable range of RM 100K to RM 230K, and a typical market range of RM 74K to RM 256K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 181, with core pricing between RM 145 and RM 217. Market pricing typically extends from RM 155.25 to RM 206.75, reflecting moderate variation in unit pricing. The spread of RM 51.50 (IQR) and deviation of RM 36 (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.
