TAMAN MEDAN BAKRI ~ TR584

Area Intelligence
3 subsale transactions
2023
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Median Price
RM 300,000
PSF: RM 195

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 195

TAMAN MEDAN BAKRI ~ TR584 in Muar, Johor recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 195.

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 300K, with most transactions falling within a stable range of RM 200K to RM 452K, and a typical market range of RM 275K to RM 325K.

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

Price per square foot shows a median of RM 195, though individual units vary from RM 87 to RM 303 in the core range. The broader market spans RM 70.00 to RM 320.00, indicating diverse property characteristics. A wider spread (IQR: RM 250.00) and deviation (MAD: RM 108) 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.

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TAMAN MEDAN BAKRI ~ TR584, Muar, Johor

OSM

Transactions

3 transactions grouped by size

1,550 sqft
Single Storey Terraced
RM 560,000
JALAN MEDAN 3
1,540 sqft · RM 364.00 PSF
Nov 2023
RM 300,000
JALAN MEDAN 3
1,540 sqft · RM 195.00 PSF
Mar 2023
1,900 sqft
Low-Cost House
RM 200,000
JALAN MEDAN 6
1,918 sqft · RM 104.00 PSF
Oct 2023