TAMAN DESA PAYA MENGKUANG

Area Intelligence
2022
Median Price
RM 245,000
PSF: RM 229

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 295

TAMAN DESA PAYA MENGKUANG in Johor Bahru, Johor recorded 9 subsale transactions in 2022, with a median price of RM 245K and a median price per square foot (PSF) of RM 229.

This area contains both residential and commercial properties. View 26 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 245K, with most transactions falling within a stable range of RM 203K to RM 288K, and a typical market range of RM 203K to RM 288K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 229, though individual units vary from RM 177 to RM 282 in the core range. The broader market spans RM 182.38 to RM 275.63, indicating diverse property characteristics. The spread of RM 93.25 (IQR) and deviation of RM 53 (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.

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TAMAN DESA PAYA MENGKUANG, Johor Bahru, Johor

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