Area Intelligence

TAMAN WAWASAN / BANDAR BARU MERSING

3 properties
2021
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Median Price
RM 105,000
PSF: RM 135

Residential Market

Median Price

RM 105,000

IQR: RM 79
MAD: RM 52
RM 135 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 3 subsale transactions in 2021, with a median price of RM 105K and a median price per square foot (PSF) of RM 135.

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 105K, with most transactions falling within a stable range of RM 70K to RM 183K, and a typical market range of RM 70K to RM 212K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 135, though individual units vary from RM 99 to RM 171 in the core range. The broader market spans RM 89.00 to RM 181.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 36) 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

3 properties grouped by size

800 sqft
2 units Low-Cost House
RM 105,000
JLN WAWASAN 22
775 sqft · RM 135.00 PSF
Sep 2021
RM 70,000
JLN WAWASAN
775 sqft · RM 90.00 PSF
Apr 2021
1,400 sqft
1 units Single Storey Terraced
RM 250,000
JALAN WAWASAN 16
1,399 sqft · RM 179.00 PSF
Nov 2021