TAMAN MESRA in Johor Bahru, Johor recorded 0 subsale transactions in 2021, with a median price of RM 255K and a median price per square foot (PSF) of RM 185.
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 255K, with most transactions falling within a stable range of RM 190K to RM 320K, and a typical market range of RM 199K to RM 311K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 185, though individual units vary from RM 124 to RM 247 in the core range. The broader market spans RM 90.63 to RM 279.38, 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.
