TAMAN NILAM

Area Intelligence
2023
Median Price
RM 350,000
PSF: RM 251

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 251

TAMAN NILAM in Pontian, Johor recorded 11 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 251.

This area contains both residential and commercial properties. View 21 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 280K to RM 420K, and a typical market range of RM 278K to RM 423K.

Most transactions involved low-cost house, with high diversity across multiple property types.

The median PSF stands at RM 251, with core pricing between RM 201 and RM 301. Market pricing typically extends from RM 205.00 to RM 297.00, reflecting moderate variation in unit pricing. The spread of RM 92.00 (IQR) and deviation of RM 50 (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.

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TAMAN NILAM, Pontian, Johor

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