TMN TANAH MERAH

TMN TANAH MERAH in Batu Pahat, Johor recorded 7 subsale transactions in 2023, with a median price of RM 370K and a median price per square foot (PSF) of RM 130.

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 370K, with most transactions falling within a stable range of RM 250K to RM 502K, and a typical market range of RM 308K to RM 433K.

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

The median PSF stands at RM 130, with core pricing between RM 105 and RM 155. Market pricing typically extends from RM 112.50 to RM 147.50, reflecting moderate variation in unit pricing. The spread of RM 35.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.

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.