TMN BUNGA RAYA

TMN BUNGA RAYA in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 193.

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 380K, with most transactions falling within a stable range of RM 279K to RM 475K, and a typical market range of RM 318K to RM 443K.

Most transactions involved low-cost house, with moderate diversity in property types available.

Price per square foot shows a median of RM 193, though individual units vary from RM 153 to RM 233 in the core range. The broader market spans RM 161.25 to RM 224.75, indicating diverse property characteristics. The spread of RM 63.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.