TAMAN D' UTAMA BARU in Johor Bahru, Johor recorded 14 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 312.
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 360K, with most transactions falling within a stable range of RM 330K to RM 430K, and a typical market range of RM 330K to RM 405K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
The median PSF stands at RM 312, with core pricing between RM 264 and RM 359. Market pricing typically extends from RM 282.00 to RM 341.00, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.
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.
