TAMAN TIMUR in Johor Bahru, Johor recorded 11 subsale transactions in 2023, with a median price of RM 270K and a median price per square foot (PSF) of RM 357.
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 270K, with most transactions falling within a stable range of RM 160K to RM 380K, and a typical market range of RM 166K to RM 374K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 357, with core pricing between RM 314 and RM 400. Market pricing typically extends from RM 316.00 to RM 398.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 43, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
