AROMA PARK

AROMA PARK in Muar, Johor recorded 7 subsale transactions in 2023, with a median price of RM 98K and a median price per square foot (PSF) of RM 122.

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 98K, with most transactions falling within a stable range of RM 80K to RM 131K, and a typical market range of RM 80K to RM 138K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 122, though individual units vary from RM 78 to RM 166 in the core range. The broader market spans RM 76.00 to RM 168.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 44) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.