TAMAN SERIMBUN

TAMAN SERIMBUN in Johor Bahru, Johor recorded 8 subsale transactions in 2022, with a median price of RM 693K and a median price per square foot (PSF) of RM 475.

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 693K, with most transactions falling within a stable range of RM 650K to RM 902K, and a typical market range of RM 650K to RM 752K.

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

Price per square foot shows a median of RM 475, though individual units vary from RM 361 to RM 589 in the core range. The broader market spans RM 450.50 to RM 499.50, indicating diverse property characteristics. The spread of RM 49.00 (IQR) and deviation of RM 114 (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.