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Market Snapshot
ResidentialRM 285,000
RM 344 psfMedian transaction price
Jalan Tawakal, Taman Dato Onn, 80350 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsRumah Pangsa Serantau Baru in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 285K and a median price per square foot (PSF) of RM 344.
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 285K, with most transactions falling within a stable range of RM 160K to RM 410K, and a typical market range of RM 266K to RM 304K.
Most transactions involved low-cost flat, with minimal variety in property types.
Price per square foot shows a median of RM 344, though individual units vary from RM 240 to RM 448 in the core range. The broader market spans RM 315.82 to RM 372.07, indicating diverse property characteristics. A wider spread (IQR: RM 56.25) and deviation (MAD: RM 104) indicate significant PSF variations, likely due to diverse property types or conditions.
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.