Area Intelligence

TAMAN SERI NAKHODA

6 properties
2023
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Median Price
RM 150,000
PSF: RM 101

Residential Market

Median Price

RM 150,000

IQR: RM 40
MAD: RM 26
RM 101 PSF 6.3%

PSF Trends (2021-2025)

TAMAN SERI NAKHODA in Mersing, Johor recorded 6 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 101.

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 150K, with most transactions falling within a stable range of RM 115K to RM 185K, and a typical market range of RM 128K to RM 173K.

Most transactions involved low-cost house, with minimal variety in property types.

Price per square foot shows a median of RM 101, though individual units vary from RM 74 to RM 127 in the core range. The broader market spans RM 80.50 to RM 120.50, indicating diverse property characteristics. A wider spread (IQR: RM 40.00) and deviation (MAD: RM 27) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN SERI NAKHODA, Mersing, Johor

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Transactions

6 properties grouped by size

1,250 sqft
2 units Low-Cost House
RM 165,000
JLN PETOLA
1,259 sqft · RM 131.00 PSF
Nov 2023
RM 93,000
JLN KOBIS
1,259 sqft · RM 74.00 PSF
Sep 2023
1,300 sqft
2 units Low-Cost House
RM 150,000
JLN SERI NAKHODA 2
1,281 sqft · RM 117.00 PSF
May 2023
RM 150,000
JLN SERI NAKHODA 6
1,292 sqft · RM 116.00 PSF
Jan 2023
2,350 sqft
1 units Low-Cost House
RM 130,000
JLN PERIA
2,368 sqft · RM 55.00 PSF
Aug 2023
2,500 sqft
1 units Low-Cost House
RM 210,000
JLN KANGKUNG
2,476 sqft · RM 85.00 PSF
May 2023