Area Intelligence

TMN DESA PAYA MENGKUANG

8 properties
2024
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Median Price
RM 312,500
PSF: RM 333

Residential Market

Median Price

RM 312,500

IQR: RM 85
MAD: RM 45
RM 333 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 8 subsale transactions in 2024, with a median price of RM 313K and a median price per square foot (PSF) of RM 333.

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 313K, with most transactions falling within a stable range of RM 194K to RM 437K, and a typical market range of RM 272K to RM 353K.

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

The median PSF stands at RM 333, with core pricing between RM 272 and RM 394. Market pricing typically extends from RM 283.13 to RM 382.88, reflecting moderate variation in unit pricing. The spread of RM 99.75 (IQR) and deviation of RM 61 (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.

Area Location

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TMN DESA PAYA MENGKUANG, Johor Bahru, Johor

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Transactions

8 properties grouped by size

900 sqft
4 units Double Storey Terraced
RM 350,000
JLN JURAGAN 2
883 sqft · RM 397.00 PSF
Aug 2024
RM 288,000
JLN JURGAN 2
883 sqft · RM 326.00 PSF
Aug 2024
RM 300,000
JLN JURAGAN 2
883 sqft · RM 340.00 PSF
Jun 2024
RM 300,000
JLN JURAGAN 2
883 sqft · RM 340.00 PSF
Apr 2024
950 sqft
2 units Condo/Apartment
RM 330,000
958 sqft · RM 344.00 PSF
Aug 2024
RM 194,000
958 sqft · RM 203.00 PSF
Mar 2024
1,400 sqft
1 units Single Storey Terraced
RM 325,000
JLN KELASI
1,399 sqft · RM 232.00 PSF
Jan 2024
2,400 sqft
1 units Double Storey Terraced
RM 650,000
JLN KELASI 8
2,390 sqft · RM 272.00 PSF
Apr 2024