Residential Market
Median Price
RM 105,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 690,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
14 properties
Median Price
RM 307,500
+6.3% CAGR
Median PSF
RM 219.50
+6.1% CAGR
Low-Cost House
14 properties
Median Price
RM 132,500
+22.3% CAGR
Median PSF
RM 143.50
+22.4% CAGR
Double Storey Terraced
12 properties
Median Price
RM 460,000
-4.1% CAGR
Median PSF
RM 312.00
+2.4% CAGR
Double Storey Shop
1 properties
Median Price
RM 500,000
Median PSF
RM 283.00
3-Storey Storey Shop
1 properties
Median Price
RM 880,000
Median PSF
RM 550.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 14 |
RM 307,500
±17K MAD
|
+6.27% |
RM 219.50
±12 MAD
|
+6.13% | |
Low-Cost House | 14 |
RM 132,500
±20K MAD
|
+22.28% |
RM 143.50
±21 MAD
|
+22.44% | |
Double Storey Terraced | 12 |
RM 460,000
±40K MAD
|
-4.08% |
RM 312.00
±15 MAD
|
+2.38% | |
Double Storey Shop | 1 |
RM 500,000
|
- |
RM 283.00
|
- | |
3-Storey Storey Shop | 1 |
RM 880,000
|
- |
RM 550.00
|
- |
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN WAWASAN 22
|
RM 105,000
|
RM 135.00
|
775 sqft
|
Sep 2021
|
|
JLN WAWASAN
|
RM 70,000
|
RM 90.00
|
775 sqft
|
Apr 2021
|
JALAN WAWASAN 16
|
RM 250,000
|
RM 179.00
|
1,399 sqft
|
Nov 2021
|