BANDAR BARU BENUT in Pontian, Johor recorded 2 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 317.
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 480K, with most transactions falling within a stable range of RM 375K to RM 585K, and a typical market range of RM 394K to RM 566K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 317, though individual units vary from RM 244 to RM 389 in the core range. The broader market spans RM 256.63 to RM 376.38, indicating diverse property characteristics. The spread of RM 119.75 (IQR) and deviation of RM 73 (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.
