TAMAN MESRA in Johor Bahru, Johor recorded 3 subsale transactions in 2024, with a median price of RM 330K and a median price per square foot (PSF) of RM 472.
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 330K, with most transactions falling within a stable range of RM 265K to RM 395K, and a typical market range of RM 274K to RM 386K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 472, with core pricing between RM 411 and RM 534. Market pricing typically extends from RM 377.63 to RM 566.38, reflecting moderate variation in unit pricing. With an IQR of RM 188.75 and MAD of RM 62, 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.