Area Intelligence

TAMAN WAWASAN / BANDAR BARU MERSING

15 properties
2022
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Median Price
RM 280,000
PSF: RM 200

Residential Market

Median Price

RM 280,000

IQR: RM 79
MAD: RM 52
RM 200 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 15 subsale transactions in 2022, with a median price of RM 280K and a median price per square foot (PSF) of RM 200.

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 280K, with most transactions falling within a stable range of RM 145K to RM 415K, and a typical market range of RM 173K to RM 387K.

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 200, though individual units vary from RM 132 to RM 268 in the core range. The broader market spans RM 154.00 to RM 246.00, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 68) 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

15 properties grouped by size

800 sqft
3 units
RM 135,000
Double Storey Terraced JALAN WAWASAN 14
775 sqft · RM 174.00 PSF
Oct 2022
RM 120,000
Low-Cost House JLN WAWASAN
775 sqft · RM 155.00 PSF
Oct 2022
RM 98,000
Low-Cost House JLN WAWASAN 22
775 sqft · RM 126.00 PSF
Sep 2022
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
1,400 sqft
6 units Single Storey Terraced
RM 325,000
JALAN WAWASAN 12
1,399 sqft · RM 232.00 PSF
Nov 2022
RM 300,000
JALAN WAWASAN 17
1,399 sqft · RM 214.00 PSF
Sep 2022
RM 320,000
JALAN WAWASAN 16
1,400 sqft · RM 229.00 PSF
Aug 2022
RM 315,000
JLN WAWASAN 7
1,399 sqft · RM 225.00 PSF
Jul 2022
RM 280,000
JALAN WAWASAN 9
1,399 sqft · RM 200.00 PSF
Jun 2022
RM 380,000
JLN WAWASAN 10
1,399 sqft · RM 272.00 PSF
May 2022
1,550 sqft
1 units Single Storey Terraced
RM 280,000
JALAN WAWASAN 9
1,550 sqft · RM 181.00 PSF
Apr 2022
1,600 sqft
2 units Double Storey Terraced
RM 500,000
JALAN WAWASAN 15
1,604 sqft · RM 312.00 PSF
Dec 2022
RM 588,000
JLN WAWASAN 15
1,604 sqft · RM 367.00 PSF
Oct 2022
1,750 sqft
1 units Low-Cost House
RM 210,000
JLN WAWASAN 14
1,755 sqft · RM 120.00 PSF
Apr 2022