| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 170,000
|
RM 213
|
797 sqft
|
|
|
|
Level 1
|
RM 180,000
|
RM 226
|
797 sqft
|
|
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Market Snapshot
ResidentialRM 175,000
RM 220 psfMedian transaction price
Kampung Paya Mengkuang, 81560 Gelang Patah, Johor Darul Ta'zim, Malaysia
MapsPangsapuri Seri Mengkuang in Johor Bahru, Johor recorded 2 subsale transactions in 2022, with a median price of RM 175K and a median price per square foot (PSF) of RM 220.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 220, with most transactions between RM 213 and RM 226. The usual range is RM 216.70 to RM 222.70, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 6.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.