TMN PEKAN BARU MEWAH

TMN PEKAN BARU MEWAH in Pontian, Johor recorded 2 subsale transactions in 2023, with a median price of RM 245K and a median price per square foot (PSF) of RM 190.

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 245K, with most transactions falling within a stable range of RM 100K to RM 390K, and a typical market range of RM 224K to RM 266K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 190, though individual units vary from RM 129 to RM 250 in the core range. The broader market spans RM 162.13 to RM 216.88, indicating diverse property characteristics. A wider spread (IQR: RM 54.75) and deviation (MAD: RM 61) 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.