TAMAN MAJU JAYA

Area Intelligence
2023
Median Price
RM 875,000
PSF: RM 366

Residential PSF Trends

Median Price

RM 650,000

PSF: RM 341

Commercial PSF Trends

Median Price

RM 1,750,000

RM 981 PSF

TAMAN MAJU JAYA in Johor Bahru, Johor recorded 6 subsale transactions in 2023, with a median price of RM 875K and a median price per square foot (PSF) of RM 366.

This area contains both residential and commercial properties. View 15 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 875K, with most transactions falling within a stable range of RM 700K to RM 1.05 million, and a typical market range of RM 628K to RM 1.12 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 366, though individual units vary from RM 259 to RM 473 in the core range. The broader market spans RM 265.75 to RM 465.25, indicating diverse property characteristics. A wider spread (IQR: RM 199.50) and deviation (MAD: RM 107) 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.

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TAMAN MAJU JAYA, Johor Bahru, Johor

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