Area Intelligence

TMN DESA PAYA MENGKUANG

9 properties
2022
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Median Price
RM 245,000
PSF: RM 229

Residential Market

Median Price

RM 280,000

IQR: RM 85
MAD: RM 45
RM 295 PSF 12.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 179,000

IQR: RM 6
MAD: RM 3
RM 121 PSF

PSF Trends (2021-2025)

TMN DESA PAYA MENGKUANG in Johor Bahru, Johor recorded 9 subsale transactions in 2022, with a median price of RM 245K and a median price per square foot (PSF) of RM 229.

This area contains both residential and commercial properties. View 24 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 245K, with most transactions falling within a stable range of RM 194K to RM 296K, and a typical market range of RM 204K to RM 286K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 229, though individual units vary from RM 144 to RM 314 in the core range. The broader market spans RM 179.13 to RM 278.88, indicating diverse property characteristics. A wider spread (IQR: RM 99.75) and deviation (MAD: RM 85) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN DESA PAYA MENGKUANG, Johor Bahru, Johor

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Transactions

9 properties found

Shop/Retail Lot
RM 173,000
1,480 sqft Dec 2022
RM 117.00 PSF
Shop/Retail Lot
RM 178,000
1,480 sqft Dec 2022
RM 120.00 PSF
Double Storey Terraced JLN JURAGAN 2
RM 280,000
883 sqft Nov 2022
RM 317.00 PSF
Shop/Retail Lot
RM 200,000
1,500 sqft Nov 2022
RM 133.00 PSF
Double Storey Terraced JLN JURAGAN 3
RM 260,000
883 sqft Oct 2022
RM 295.00 PSF
Single Storey Terraced JLN KELASI 3
RM 320,000
1,399 sqft Aug 2022
RM 229.00 PSF
Double Storey Terraced JLN JURAGAN 1
RM 245,000
883 sqft Aug 2022
RM 278.00 PSF
Shop/Retail Lot
RM 180,000
1,480 sqft Mar 2022
RM 122.00 PSF
Single Storey Terraced JLN JURAGAN 1
RM 280,000
883 sqft Feb 2022
RM 317.00 PSF