TAMAN SRI CEMPAKA -TR 263 in Muar, Johor recorded 3 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 253.
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 650K, with most transactions falling within a stable range of RM 478K to RM 822K, and a typical market range of RM 401K to RM 899K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 253, though individual units vary from RM 189 to RM 317 in the core range. The broader market spans RM 122.00 to RM 384.00, indicating diverse property characteristics. A wider spread (IQR: RM 262.00) and deviation (MAD: RM 64) 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.
