TAMAN RIA

Area Intelligence

2023

Median Price

RM 330,000

PSF: RM 214

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Residential PSF Trends

Median Price

RM 330,000

PSF: RM 214

Commercial PSF Trends

Median Price

RM 680,000

RM 343 PSF

TAMAN RIA in Johor Bahru, Johor recorded 7 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 214.

This area contains both residential and commercial properties. View 22 residential properties or 4 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 220K to RM 440K, and a typical market range of RM 223K to RM 438K.

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 214, though individual units vary from RM 151 to RM 278 in the core range. The broader market spans RM 153.13 to RM 274.88, indicating diverse property characteristics. A wider spread (IQR: RM 121.75) and deviation (MAD: RM 64) 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.

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TAMAN RIA, Johor Bahru, Johor

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