TAMAN MESRA - TR 594 in Muar, Johor recorded 3 subsale transactions in 2023, with a median price of RM 205K and a median price per square foot (PSF) of RM 188.
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 205K, with most transactions falling within a stable range of RM 163K to RM 248K, and a typical market range of RM 168K to RM 243K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 188, though individual units vary from RM 117 to RM 259 in the core range. The broader market spans RM 131.75 to RM 244.25, indicating diverse property characteristics. A wider spread (IQR: RM 112.50) and deviation (MAD: RM 71) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
