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Market Snapshot
ResidentialRM 150,000
RM 197 psfMedian transaction price
Jalan Bakri, 84000 Muar, Johor Darul Ta'zim, Malaysia
MapsTaman Jaya Baru in Muar, Johor recorded 1 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 197.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 197, with most transactions between RM 197 and RM 197. The usual range is RM 179.46 to RM 213.71, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.25 and an average deviation (MAD) of RM 0 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.