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Market Snapshot
ResidentialRM 85,000
RM 84 psfMedian transaction price
Pekan Parit Bunga, 84000 Muar, Johor Darul Ta'zim, Malaysia
MapsMutiara Maharani Condominium in Tangkak, Johor recorded 3 subsale transactions in 2023, with a median price of RM 85K and a median price per square foot (PSF) of RM 84.
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 85K, with most transactions falling within a stable range of RM 72K to RM 119K, and a typical market range of RM 72K to RM 102K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 84, with most transactions between RM 84 and RM 84. The usual range is RM 77.84 to RM 90.59, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.75 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.