TAMAN BAKRI UTAMA ( TAMAN SHARIFAH ) in Muar, Johor recorded 1 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 325.
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 500K, with most transactions falling within a stable range of RM 325K to RM 675K, and a typical market range of RM 329K to RM 671K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 325, though individual units vary from RM 231 to RM 420 in the core range. The broader market spans RM 232.63 to RM 417.38, indicating diverse property characteristics. A wider spread (IQR: RM 184.75) and deviation (MAD: RM 95) 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.
