TAMAN MARKISA
Residential Market
Median Price
RM 140,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
3 properties
Median Price
RM 210,000
+12.6% CAGR
Median PSF
RM 150.00
+4.1% CAGR
Low-Cost House
2 properties
Median Price
RM 140,000
Median PSF
RM 117.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 3 |
RM 210,000
±60K MAD
|
+12.62% |
RM 150.00
±19 MAD
|
+4.06% | |
| Low-Cost House | 2 |
RM 140,000
|
- |
RM 117.00
|
- |
TAMAN MARKISA in Mersing, Johor recorded 1 subsale transactions in 2023, with a median price of RM 140K and a median price per square foot (PSF) of RM 117.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 117, with most transactions between RM 117 and RM 117. The usual range is RM 100.50 to RM 133.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 33.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
1 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Low-Cost House |
JLN MARKISA 14
|
RM 140,000
|
RM 117.00
|
1,195 sqft
|
Jan 2023
|