MERSING KECIL

MERSING KECIL in Mersing, Johor recorded 4 subsale transactions in 2023, with a median price of RM 305K and a median price per square foot (PSF) of RM 76.

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 305K, with most transactions falling within a stable range of RM 188K to RM 420K, and a typical market range of RM 208K to RM 403K.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 76, though individual units vary from RM 59 to RM 92 in the core range. The broader market spans RM 65.25 to RM 85.75, indicating diverse property characteristics. The spread of RM 20.50 (IQR) and deviation of RM 16 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.