TMN MEWAH, SIMPANG KANAN

TMN MEWAH, SIMPANG KANAN in Batu Pahat, Johor recorded 2 subsale transactions in 2023, with a median price of RM 337K and a median price per square foot (PSF) of RM 215.

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 337K, with most transactions falling within a stable range of RM 325K to RM 348K, and a typical market range of RM 325K to RM 348K.

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 215, with most transactions between RM 204 and RM 226. The usual range is RM 178.50 to RM 251.50, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.