Johor
Johor Bahru
Plentong
TAMAN MESRA

TAMAN MESRA

Area Intelligence

2024

Median Price

RM 330,000

PSF: RM 372

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Residential PSF Trends

Median Price

RM 295,000

PSF: RM 422

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 372.

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 260K to RM 536K, 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 372, with core pricing between RM 317 and RM 426. Market pricing typically extends from RM 277.24 to RM 465.99, reflecting moderate variation in unit pricing. With an IQR of RM 188.75 and MAD of RM 55, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MESRA, Johor Bahru, Johor

OSM