Johor
Pontian
Jeram Batu
TAMAN PEKAN BARU MEWAH

TAMAN PEKAN BARU MEWAH

Area Intelligence

2021

Median Price

RM 142,500

PSF: RM 184

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Residential PSF Trends

Median Price

RM 142,500

PSF: RM 184

TAMAN PEKAN BARU MEWAH in Pontian, Johor recorded 2 subsale transactions in 2021, with a median price of RM 143K and a median price per square foot (PSF) of RM 184.

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 143K, with most transactions falling within a stable range of RM 140K to RM 145K, and a typical market range of RM 140K to RM 145K.

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

For price per square foot, the median is RM 184, with most transactions between RM 181 and RM 187. The usual range is RM 156.63 to RM 211.38, showing that most units are priced quite close to each other. With an IQR of RM 54.75 and MAD of RM 3, 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.

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TAMAN PEKAN BARU MEWAH, Pontian, Johor

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