Area Intelligence

TMN BAKEK JAYA

2 properties
2022
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Median Price
RM 505,000
PSF: RM 324

Residential Market

Median Price

RM 350,000

IQR: RM 45
MAD: RM 30
RM 227 PSF 16.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 660,000

IQR: RM 47
MAD: RM 21
RM 420 PSF 3.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN BAKEK JAYA in Pontian, Johor recorded 2 subsale transactions in 2022, with a median price of RM 505K and a median price per square foot (PSF) of RM 324.

This area contains both residential and commercial properties. View 4 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 505K, with most transactions falling within a stable range of RM 350K to RM 660K, and a typical market range of RM 362K to RM 649K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 324, though individual units vary from RM 227 to RM 420 in the core range. The broader market spans RM 248.63 to RM 398.38, indicating diverse property characteristics. A wider spread (IQR: RM 149.75) and deviation (MAD: RM 97) 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.

Area Location

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TMN BAKEK JAYA, Pontian, Johor

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Transactions

2 properties grouped by size

1,550 sqft
2 units
RM 350,000
Double Storey Terraced JLN BAKEK JAYA 3
1,539 sqft · RM 227.00 PSF
Jul 2022
RM 660,000
Double Storey Shop JALAN BAKEK JAYA 3
1,572 sqft · RM 420.00 PSF
Jan 2022