PUSAT PERDAGANGAN SRI MERSING

PUSAT PERDAGANGAN SRI MERSING in Mersing, Johor recorded 3 subsale transactions in 2022, with a median price of RM 857K and a median price per square foot (PSF) of RM 557.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 857K, with most transactions falling within a stable range of RM 589K to RM 1.52 million, and a typical market range of RM 688K to RM 1.03 million.

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

The median PSF stands at RM 557, with core pricing between RM 448 and RM 666. Market pricing typically extends from RM 480.25 to RM 633.75, reflecting moderate variation in unit pricing. The spread of RM 153.50 (IQR) and deviation of RM 109 (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.