TMN DESA (TR 173)

TMN DESA (TR 173) in Muar, Johor recorded 12 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 293.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 490K, with most transactions falling within a stable range of RM 240K to RM 800K, and a typical market range of RM 270K to RM 710K.

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 293, though individual units vary from RM 211 to RM 374 in the core range. The broader market spans RM 239.63 to RM 345.38, indicating diverse property characteristics. A wider spread (IQR: RM 105.75) and deviation (MAD: RM 82) 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.