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 215K to RM 345K, and a typical market range of RM 224K to RM 336K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 182, though individual units vary from RM 121 to RM 244 in the core range. The broader market spans RM 87.63 to RM 276.38, indicating diverse property characteristics. A wider spread (IQR: RM 188.75) and deviation (MAD: RM 62) 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.
