TAMAN MESRA

TAMAN MESRA in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 182.

This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 225K to RM 398K, and a typical market range of RM 225K to RM 336K.

Most transactions involved low-cost house, with moderate diversity in property types available.

For price per square foot, the median is RM 182, with most transactions between RM 175 and RM 189. The usual range is RM 87.63 to RM 276.38, showing that most units are priced quite close to each other. With an IQR of RM 188.75 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.

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.