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Market Snapshot
ResidentialRM 489,000
RM 223 psfMedian transaction price
Tm26, Jalan Jaya 3, Taman Muhibbah Jaya, 84400 Sungai Mati, Johor, Malaysia
MapsTaman Muhibbah Jaya in Tangkak, Johor recorded 0 subsale transactions in 2021, with a median price of RM 489K and a median price per square foot (PSF) of RM 223.
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 489K, with most transactions falling within a stable range of RM 469K to RM 510K, and a typical market range of RM 472K to RM 506K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 223, though individual units vary from RM 164 to RM 282 in the core range. The broader market spans RM 169.38 to RM 275.63, indicating diverse property characteristics. A wider spread (IQR: RM 106.25) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.