Tenglu Height

86800 Mersing, Johor, Malaysia

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Market Snapshot

Residential

RM272,500

RM143 psf

Median transaction price

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86800 Mersing, Johor, Malaysia

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Tenglu Height in Mersing, Johor recorded 0 subsale transactions in 2023, with a median price of RM273K and a median price per square foot (PSF) of RM143.

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 RM273K, with most transactions falling within a stable range of RM217K to RM328K, and a typical market range of RM220K to RM326K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM143, with most transactions between RM131 and RM156. The usual range is RM110.38 to RM175.63, showing that most units are priced quite close to each other. With an IQR of RM65.25 and MAD of RM13, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.