TAMAN DESA MERBOK RIA

Area Intelligence

2023

Median Price

RM 265,000

PSF: RM 123

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TAMAN DESA MERBOK RIA in Seremban, Negeri Sembilan recorded 2 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 265K and a median price per square foot (PSF) of RM 123.

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 265K, with most transactions falling within a stable range of RM 160K to RM 370K, and a typical market range of RM 160K to RM 370K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 123, with most transactions between RM 111 and RM 134. The usual range is RM 93.33 to RM 151.83, showing that most units are priced quite close to each other. With an IQR of RM 58.50 and MAD of RM 11, 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. 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 DESA MERBOK RIA, Seremban, Negeri Sembilan

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