TAMAN MUNSYI IBRAHIM

TAMAN MUNSYI IBRAHIM in Johor Bahru, Johor recorded 24 subsale transactions in 2023, with a median price of RM 454K and a median price per square foot (PSF) of RM 311.

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 454K, with most transactions falling within a stable range of RM 294K to RM 614K, and a typical market range of RM 365K to RM 543K.

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

Price per square foot shows a median of RM 311, though individual units vary from RM 230 to RM 392 in the core range. The broader market spans RM 238.00 to RM 384.00, indicating diverse property characteristics. A wider spread (IQR: RM 146.00) and deviation (MAD: RM 81) 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. Moderate transaction volume may require patience when buying or selling.