TAMAN DAMAI - TR 450 in Muar, Johor recorded 3 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 258.
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 250K, with most transactions falling within a stable range of RM 225K to RM 250K, and a typical market range of RM 200K to RM 250K.
Most transactions involved low-cost house, with high diversity across multiple property types.
The median PSF stands at RM 258, with core pricing between RM 226 and RM 290. Market pricing typically extends from RM 195.50 to RM 320.50, reflecting moderate variation in unit pricing. With an IQR of RM 125.00 and MAD of RM 32, 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.