TAMAN REDANG

TAMAN REDANG in Johor Bahru, Johor recorded 14 subsale transactions in 2022, with a median price of RM 682K and a median price per square foot (PSF) of RM 356.

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 682K, with most transactions falling within a stable range of RM 254K to RM 1.11 million, and a typical market range of RM 318K to RM 1.05 million.

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 356, though individual units vary from RM 268 to RM 444 in the core range. The broader market spans RM 279.75 to RM 432.25, indicating diverse property characteristics. The spread of RM 152.50 (IQR) and deviation of RM 88 (MAD) suggest moderate price variations reflecting different property features.

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.