BUKIT BAKRI LOCAL COUNCIL in Muar, Johor recorded 4 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 70.
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 490K, with most transactions falling within a stable range of RM 370K to RM 610K, and a typical market range of RM 400K to RM 580K.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 70, though individual units vary from RM 51 to RM 89 in the core range. The broader market spans RM 55.00 to RM 84.00, indicating diverse property characteristics. A wider spread (IQR: RM 29.00) and deviation (MAD: RM 19) 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.
