TAMAN PARIT BAKAR INDAH-TR.149 in Muar, Johor recorded 12 subsale transactions in 2023, with a median price of RM 498K and a median price per square foot (PSF) of RM 270.
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 498K, with most transactions falling within a stable range of RM 452K to RM 545K, and a typical market range of RM 399K to RM 597K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 270, with core pricing between RM 232 and RM 309. Market pricing typically extends from RM 219.63 to RM 320.38, reflecting moderate variation in unit pricing. With an IQR of RM 100.75 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.
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.