TAMAN CEMPAKA SELATAN -TR 203

Area Intelligence

2023

Median Price

RM 390,000

PSF: RM 193

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Residential PSF Trends

Median Price

RM 390,000

PSF: RM 193

TAMAN CEMPAKA SELATAN -TR 203 in Muar, Johor recorded 2 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 390K and a median price per square foot (PSF) of RM 193.

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 390K, with most transactions falling within a stable range of RM 350K to RM 430K, and a typical market range of RM 350K to RM 430K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 193, with core pricing between RM 159 and RM 227. Market pricing typically extends from RM 98.71 to RM 287.71, reflecting moderate variation in unit pricing. The spread of RM 189.00 (IQR) and deviation of RM 34 (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.

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TAMAN CEMPAKA SELATAN -TR 203, Muar, Johor

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