| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Mewah 7
|
RM 148,000
|
RM 75
|
1,970 sqft
|
|
|
Jalan Mewah 4
|
RM 350,000
|
RM 86
|
4,090 sqft
|
|
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Market Snapshot
ResidentialRM 249,000
RM 80 psfMedian transaction price
41, Jalan Mewah 9, Taman Orkid, 83700 Yong Peng, Johor Darul Ta'zim, Malaysia
MapsTaman Mewah Tg Sembrong in Batu Pahat, Johor recorded 2 subsale transactions in 2021, with a median price of RM 249K and a median price per square foot (PSF) of RM 80.
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 249K, with most transactions falling within a stable range of RM 148K to RM 350K, and a typical market range of RM 158K to RM 340K.
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 80, with most transactions between RM 75 and RM 86. The usual range is RM 54.60 to RM 106.10, showing that most units are priced quite close to each other. With an IQR of RM 51.50 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.
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.