TAMAN MESRA in Johor Bahru, Johor recorded 1 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 295.
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 200K, with most transactions falling within a stable range of RM 135K to RM 265K, and a typical market range of RM 144K to RM 256K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 295, though individual units vary from RM 234 to RM 357 in the core range. The broader market spans RM 200.63 to RM 389.38, indicating diverse property characteristics. The spread of RM 188.75 (IQR) and deviation of RM 62 (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.
