Johor
Pontian
Pontian
TAMAN MERDEKA

TAMAN MERDEKA

Area Intelligence

2023

Median Price

RM 230,000

PSF: RM 143

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 143

TAMAN MERDEKA in Pontian, Johor recorded 2 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 143.

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 230K, with most transactions falling within a stable range of RM 110K to RM 350K, and a typical market range of RM 145K to RM 315K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 143, with most transactions between RM 143 and RM 143. The usual range is RM 129.00 to RM 157.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERDEKA, Pontian, Johor

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