BUKIT BAKRI LOCAL COUNCIL

BUKIT BAKRI LOCAL COUNCIL in Muar, Johor recorded 2 subsale transactions in 2021, with a median price of RM 510K and a median price per square foot (PSF) of RM 142.

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 510K, with most transactions falling within a stable range of RM 390K to RM 630K, and a typical market range of RM 420K to RM 600K.

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

The median PSF stands at RM 142, with core pricing between RM 123 and RM 161. Market pricing typically extends from RM 127.50 to RM 156.50, reflecting moderate variation in unit pricing. With an IQR of RM 29.00 and MAD of RM 19, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.