JALAN IBRAHIM in Muar, Johor recorded 1 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 160.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 700K, with most transactions falling within a stable range of RM 570K to RM 830K, and a typical market range of RM 635K to RM 765K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 160, with core pricing between RM 130 and RM 191. Market pricing typically extends from RM 144.75 to RM 175.25, reflecting moderate variation in unit pricing. The spread of RM 30.50 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.