TAMAN TELUK TROPIKANA

TAMAN TELUK TROPIKANA in Johor Bahru, Johor recorded 3 subsale transactions in 2022, with a median price of RM 585K and a median price per square foot (PSF) of RM 398.

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 585K, with most transactions falling within a stable range of RM 567K to RM 600K, and a typical market range of RM 557K to RM 600K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 398, with most transactions between RM 380 and RM 416. The usual range is RM 340.25 to RM 455.75, showing that most units are priced quite close to each other. With an IQR of RM 115.50 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.