TAMAN JAYA BARU in Muar, Johor recorded 5 subsale transactions in 2023, with a median price of RM 730K and a median price per square foot (PSF) of RM 247.
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 730K, with most transactions falling within a stable range of RM 549K to RM 912K, and a typical market range of RM 577K to RM 883K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
For price per square foot, the median is RM 247, with most transactions between RM 225 and RM 270. The usual range is RM 227.50 to RM 266.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.
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.
