TAMAN SRI TERAP - TR 541

Area Intelligence

2023

Median Price

RM 350,000

PSF: RM 227

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 227

TAMAN SRI TERAP - TR 541 in Muar, Johor recorded 5 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 227.

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 350K, with most transactions falling within a stable range of RM 320K to RM 200K, and a typical market range of RM 140K to RM 200K.

Most transactions involved low-cost house, with high diversity across multiple property types.

For price per square foot, the median is RM 227, with most transactions between RM 215 and RM 240. The usual range is RM 170.63 to RM 283.38, showing that most units are priced quite close to each other. With an IQR of RM 112.75 and MAD of RM 13, 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.

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TAMAN SRI TERAP - TR 541, Muar, Johor

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