KAMPUNG MELAYU MAJIDEE

KAMPUNG MELAYU MAJIDEE in Johor Bahru, Johor recorded 8 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 60.

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 430K, with most transactions falling within a stable range of RM 338K to RM 522K, and a typical market range of RM 368K to RM 493K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 60, though individual units vary from RM 37 to RM 82 in the core range. The broader market spans RM 44.00 to RM 75.00, indicating diverse property characteristics. A wider spread (IQR: RM 31.00) and deviation (MAD: RM 22) indicate significant PSF variations, likely due to diverse property types or conditions.

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.