Area Intelligence

TAMAN WAWASAN / BANDAR BARU MERSING

8 properties
2024
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Median Price
RM 325,000
PSF: RM 238

Residential Market

Median Price

RM 325,000

IQR: RM 79
MAD: RM 52
RM 238 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 8 subsale transactions in 2024, with a median price of RM 325K and a median price per square foot (PSF) of RM 238.

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 325K, with most transactions falling within a stable range of RM 202K to RM 448K, and a typical market range of RM 218K to RM 432K.

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 238, though individual units vary from RM 181 to RM 295 in the core range. The broader market spans RM 192.00 to RM 284.00, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.

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

8 properties grouped by size

800 sqft
2 units 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
1,400 sqft
4 units
RM 460,000
Double Storey Terraced JLN WAWASAN 11
1,399 sqft · RM 329.00 PSF
Jun 2024
RM 295,000
Single Storey Terraced JALAN WAWASAN 13
1,399 sqft · RM 211.00 PSF
Apr 2024
RM 300,000
Single Storey Terraced JALAN WAWASAN 17
1,399 sqft · RM 214.00 PSF
Apr 2024
RM 380,000
Single Storey Terraced JALAN WAWASAN 16
1,399 sqft · RM 272.00 PSF
Jan 2024
1,600 sqft
2 units Double Storey Terraced
RM 525,000
JLN WAWASAN 15
1,604 sqft · RM 327.00 PSF
Sep 2024
RM 350,000
JLN WAWASAN 15
1,604 sqft · RM 218.00 PSF
May 2024