TAMAN D' UTAMA BARU in Johor Bahru, Johor recorded 6 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 247.
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 290K, with most transactions falling within a stable range of RM 238K to RM 300K, and a typical market range of RM 245K to RM 300K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 247, with most transactions between RM 231 and RM 262. The usual range is RM 217.00 to RM 276.00, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 15, 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.
