Johor
Johor Bahru
Plentong
TAMAN BUNGA RAYA

TAMAN BUNGA RAYA

Area Intelligence

2023

Median Price

RM 427,500

PSF: RM 211

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 193

TAMAN BUNGA RAYA in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 428K and a median price per square foot (PSF) of RM 211.

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 428K, with most transactions falling within a stable range of RM 230K to RM 676K, and a typical market range of RM 299K to RM 556K.

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

Price per square foot shows a median of RM 211, though individual units vary from RM 82 to RM 341 in the core range. The broader market spans RM 157.28 to RM 265.53, indicating diverse property characteristics. A wider spread (IQR: RM 108.25) and deviation (MAD: RM 129) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUNGA RAYA, Johor Bahru, Johor

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