TAMAN REDANG

TAMAN REDANG in Johor Bahru, Johor recorded 10 subsale transactions in 2021, with a median price of RM 415K and a median price per square foot (PSF) of RM 272.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 110K to RM 1.05 million, and a typical market range of RM 110K to RM 779K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 272, though individual units vary from RM 193 to RM 351 in the core range. The broader market spans RM 195.75 to RM 348.25, indicating diverse property characteristics. A wider spread (IQR: RM 152.50) and deviation (MAD: RM 79) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.