Area Intelligence

TAMAN WAWASAN / BANDAR BARU MERSING

14 properties
Low-Cost House
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Median Price
RM 120,000
PSF: RM 149

Residential Market

Median Price

RM 120,000

IQR: RM 79
MAD: RM 52
RM 149 PSF 20.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 690,000

IQR: RM 134
MAD: RM 134
RM 417 PSF

PSF Trends (2021-2025)

TAMAN WAWASAN / BANDAR BARU MERSING in Mersing, Johor recorded 14 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 120K and a median price per square foot (PSF) of RM 149.

This area contains both residential and commercial properties. View 40 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 120K, with most transactions falling within a stable range of RM 81K to RM 159K, and a typical market range of RM 70K to RM 210K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 149, though individual units vary from RM 111 to RM 186 in the core range. The broader market spans RM 102.50 to RM 194.50, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TAMAN WAWASAN / BANDAR BARU MERSING, Mersing, Johor

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Transactions

14 properties grouped by size

800 sqft
11 units (showing 6) Low-Cost House
RM 200,000
JLN WAWASAN 22
775 sqft · RM 258.00 PSF
Jan 2024
RM 120,000
JLN WAWASAN 24
775 sqft · RM 155.00 PSF
Jan 2024
RM 120,000
JLN WAWASAN 20
775 sqft · RM 155.00 PSF
Sep 2023
RM 130,000
JLN WAWASAN 20
775 sqft · RM 168.00 PSF
Sep 2023
RM 110,000
JLN WAWASAN 22
775 sqft · RM 142.00 PSF
Jul 2023
RM 120,000
JLN WAWASAN 14
775 sqft · RM 155.00 PSF
Apr 2023
1,100 sqft
2 units Low-Cost House
RM 170,000
JLN WAWASAN 23
1,098 sqft · RM 155.00 PSF
Aug 2022
RM 145,000
JLN WAWASAN 23
1,098 sqft · RM 132.00 PSF
Jan 2022
1,750 sqft
1 units Low-Cost House
RM 210,000
JLN WAWASAN 14
1,755 sqft · RM 120.00 PSF
Apr 2022