TAMAN LAVENDAR

TAMAN LAVENDAR in Mersing, Johor recorded 2 subsale transactions in 2023, with a median price of RM 679K and a median price per square foot (PSF) of RM 456.

This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 679K, with most transactions falling within a stable range of RM 498K to RM 860K, and a typical market range of RM 536K to RM 823K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 456, though individual units vary from RM 353 to RM 559 in the core range. The broader market spans RM 396.00 to RM 516.00, indicating diverse property characteristics. The spread of RM 120.00 (IQR) and deviation of RM 103 (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.