Residential Market
Median Price
RM 325,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 690,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
15 properties
Median Price
RM 130,000
+10.4% CAGR
Median PSF
RM 132.00
-8.7% CAGR
Single Storey Terraced
14 properties
Median Price
RM 307,500
+6.3% CAGR
Median PSF
RM 219.50
+6.1% CAGR
Double Storey Terraced
12 properties
Median Price
RM 460,000
-4.1% CAGR
Median PSF
RM 312.00
+2.4% CAGR
Double Storey Shop
1 properties
Median Price
RM 500,000
Median PSF
RM 283.00
3-Storey Shop
1 properties
Median Price
RM 880,000
Median PSF
RM 550.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Low-Cost House | 15 |
RM 130,000
±15K MAD
|
+10.40% |
RM 132.00
±23 MAD
|
-8.75% | |
Single Storey Terraced | 14 |
RM 307,500
±17K MAD
|
+6.27% |
RM 219.50
±12 MAD
|
+6.13% | |
Double Storey Terraced | 12 |
RM 460,000
±40K MAD
|
-4.08% |
RM 312.00
±15 MAD
|
+2.38% | |
Double Storey Shop | 1 |
RM 500,000
|
- |
RM 283.00
|
- | |
3-Storey Shop | 1 |
RM 880,000
|
- |
RM 550.00
|
- |
TAMAN WAWASAN / BANDAR BARU MERSING in Mersing, Johor recorded 8 subsale transactions in 2024, with a median price of RM 325K and a median price per square foot (PSF) of RM 238.
This area contains both residential and commercial properties. View 41 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 202K to RM 448K, and a typical market range of RM 219K to RM 431K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 238, though individual units vary from RM 181 to RM 295 in the core range. The broader market spans RM 193.50 to RM 282.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 57 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN WAWASAN 22
|
RM 200,000
|
RM 258.00
|
775 sqft
|
Jan 2024
|
|
JALAN WAWASAN 24
|
RM 120,000
|
RM 155.00
|
775 sqft
|
Jan 2024
|
JALAN WAWASAN 11
|
RM 460,000
|
RM 329.00
|
1,399 sqft
|
Jun 2024
|
Double Storey Terraced |
JALAN WAWASAN 13
|
RM 295,000
|
RM 211.00
|
1,399 sqft
|
Apr 2024
|
Single Storey Terraced |
JALAN WAWASAN 17
|
RM 300,000
|
RM 214.00
|
1,399 sqft
|
Apr 2024
|
Single Storey Terraced |
JALAN WAWASAN 16
|
RM 380,000
|
RM 272.00
|
1,399 sqft
|
Jan 2024
|
Single Storey Terraced |
JALAN WAWASAN 15
|
RM 525,000
|
RM 327.00
|
1,604 sqft
|
Sep 2024
|
|
JALAN WAWASAN 15
|
RM 350,000
|
RM 218.00
|
1,604 sqft
|
May 2024
|