BUKIT BAKRI LOCAL COUNCIL

BUKIT BAKRI LOCAL COUNCIL in Muar, Johor recorded 2 subsale transactions in 2023, with a median price of RM 548K and a median price per square foot (PSF) of RM 169.

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 548K, with most transactions falling within a stable range of RM 250K to RM 845K, and a typical market range of RM 458K to RM 638K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 169, though individual units vary from RM 36 to RM 301 in the core range. The broader market spans RM 154.00 to RM 183.00, indicating diverse property characteristics. A wider spread (IQR: RM 29.00) and deviation (MAD: RM 133) 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.