TMN BINTANG BARU II

TMN BINTANG BARU II in Muar, Johor recorded 10 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 197.

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 320K, with most transactions falling within a stable range of RM 285K to RM 484K, and a typical market range of RM 285K to RM 394K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 197, with core pricing between RM 166 and RM 227. Market pricing typically extends from RM 188.25 to RM 204.75, reflecting moderate variation in unit pricing. The spread of RM 16.50 (IQR) and deviation of RM 31 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.