TAMAN BUNGA RAYA

TAMAN BUNGA RAYA in Johor Bahru, Johor recorded 3 subsale transactions in 2022, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 714.

This area contains both residential and commercial properties. View 13 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.00 million, with most transactions falling within a stable range of RM 649K to RM 1.08 million, and a typical market range of RM 872K to RM 1.08 million.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 714, though individual units vary from RM 454 to RM 974 in the core range. The broader market spans RM 659.88 to RM 768.13, indicating diverse property characteristics. A wider spread (IQR: RM 108.25) and deviation (MAD: RM 260) indicate significant PSF variations, likely due to diverse property types or conditions.

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.