TAMAN NESA@MANICHARASEGAM in Johor Bahru, Johor recorded 17 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 279.
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 400K, with most transactions falling within a stable range of RM 340K to RM 460K, and a typical market range of RM 340K to RM 460K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 279, with most transactions between RM 253 and RM 305. The usual range is RM 252.50 to RM 305.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.
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.