TAMAN BUNGA RAYA

TAMAN BUNGA RAYA in Johor Bahru, Johor recorded 8 subsale transactions in 2022, priced up to RM 500K, with a median price of RM 255K and a median price per square foot (PSF) of RM 190.

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 255K, with most transactions falling within a stable range of RM 197K to RM 313K, and a typical market range of RM 150K to RM 330K.

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

Price per square foot shows a median of RM 190, though individual units vary from RM 134 to RM 245 in the core range. The broader market spans RM 135.70 to RM 243.95, indicating diverse property characteristics. A wider spread (IQR: RM 108.25) and deviation (MAD: RM 56) 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.