TAMAN MUNSYI IBRAHIM

TAMAN MUNSYI IBRAHIM in Johor Bahru, Johor recorded 18 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 278.

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 350K, with most transactions falling within a stable range of RM 240K to RM 498K, and a typical market range of RM 261K to RM 439K.

Most transactions involved low-cost house, with high diversity across multiple property types.

Price per square foot shows a median of RM 278, though individual units vary from RM 198 to RM 358 in the core range. The broader market spans RM 205.00 to RM 351.00, indicating diverse property characteristics. A wider spread (IQR: RM 146.00) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.

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.