TAMAN SUNGAI ABONG SUTERA (LOT 976) -TR123

TAMAN SUNGAI ABONG SUTERA (LOT 976) -TR123 in Muar, Johor recorded 3 subsale transactions in 2022, with a median price of RM 450K and a median price per square foot (PSF) of RM 236.

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 450K, with most transactions falling within a stable range of RM 450K to RM 497K, and a typical market range of RM 450K to RM 550K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 236, with most transactions between RM 217 and RM 255. The usual range is RM 133.88 to RM 338.13, showing that most units are priced quite close to each other. With an IQR of RM 204.25 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.