JLN BAKRI

JLN BAKRI in Muar, Johor recorded 5 subsale transactions in 2023, with a median price of RM 820K and a median price per square foot (PSF) of RM 362.

This area contains both residential and commercial properties. View 13 residential properties or 16 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 820K, with most transactions falling within a stable range of RM 557K to RM 1.08 million, and a typical market range of RM 600K to RM 1.04 million.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 362, though individual units vary from RM 216 to RM 508 in the core range. The broader market spans RM 240.00 to RM 484.00, indicating diverse property characteristics. A wider spread (IQR: RM 244.00) and deviation (MAD: RM 146) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.