Johor
Johor Bahru
Plentong
TAMAN BUNGA RAYA

TAMAN BUNGA RAYA

Area Intelligence

2021

Median Price

RM 710,000

PSF: RM 344

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Residential PSF Trends

Median Price

RM 220,000

PSF: RM 286

TAMAN BUNGA RAYA in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 710K and a median price per square foot (PSF) of RM 344.

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 710K, with most transactions falling within a stable range of RM 220K to RM 1.20 million, and a typical market range of RM 582K to RM 838K.

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

The median PSF stands at RM 344, with core pricing between RM 286 and RM 402. Market pricing typically extends from RM 289.98 to RM 398.23, reflecting moderate variation in unit pricing. The spread of RM 108.25 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.

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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