TAMAN GEMBIRA BARU - TR 473

TAMAN GEMBIRA BARU - TR 473 in Muar, Johor recorded 2 subsale transactions in 2022, with a median price of RM 715K and a median price per square foot (PSF) of RM 242.

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 715K, with most transactions falling within a stable range of RM 480K to RM 950K, and a typical market range of RM 544K to RM 886K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 242, with core pricing between RM 197 and RM 286. Market pricing typically extends from RM 204.50 to RM 278.50, reflecting moderate variation in unit pricing. The spread of RM 74.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.