TAMAN JOHOR JAYA

TAMAN JOHOR JAYA in Johor Bahru, Johor recorded 285 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 354.

This area contains both residential and commercial properties. View 735 residential properties or 165 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 1.10 million to RM 686K, and a typical market range of RM 1.10 million to RM 593K.

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

Price per square foot shows a median of RM 354, though individual units vary from RM 133 to RM 575 in the core range. The broader market spans RM 284.69 to RM 422.69, indicating diverse property characteristics. A wider spread (IQR: RM 138.00) and deviation (MAD: RM 221) 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. High transaction volume ensures good market liquidity and easier price discovery.