TMN MEWAH, SIMPANG KANAN

TMN MEWAH, SIMPANG KANAN in Batu Pahat, Johor recorded 2 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 140.

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 150K, with most transactions falling within a stable range of RM 140K to RM 160K, and a typical market range of RM 140K to RM 160K.

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

For price per square foot, the median is RM 140, with most transactions between RM 134 and RM 146. The usual range is RM 103.50 to RM 176.50, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 6, 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.