TAMAN PEKAN BARU MEWAH

TAMAN 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 218K to RM 273K, and a typical market range of RM 224K to RM 266K.

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

The median PSF stands at RM 190, with core pricing between RM 154 and RM 225. Market pricing typically extends from RM 162.13 to RM 216.88, reflecting moderate variation in unit pricing. The spread of RM 54.75 (IQR) and deviation of RM 36 (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.