BANDAR BARU BENUT in Pontian, Johor recorded 2 subsale transactions in 2022, with a median price of RM 840K and a median price per square foot (PSF) of RM 481.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 840K, with most transactions falling within a stable range of RM 735K to RM 945K, and a typical market range of RM 754K to RM 926K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 481, with core pricing between RM 408 and RM 553. Market pricing typically extends from RM 420.63 to RM 540.38, reflecting moderate variation in unit pricing. The spread of RM 119.75 (IQR) and deviation of RM 73 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.