TAMAN SRI JERAM III in Muar, Johor recorded 4 subsale transactions in 2022, with a median price of RM 390K and a median price per square foot (PSF) of RM 242.
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 390K, with most transactions falling within a stable range of RM 285K to RM 495K, and a typical market range of RM 272K to RM 508K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 242, though individual units vary from RM 183 to RM 301 in the core range. The broader market spans RM 193.13 to RM 290.88, indicating diverse property characteristics. The spread of RM 97.75 (IQR) and deviation of RM 59 (MAD) suggest moderate price variations reflecting different property features.
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.