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Market Snapshot
ResidentialRM 490,000
RM 335 psfMedian transaction price
Bukit Chagar, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsOrchid View Luxury Apartment in Johor Bahru, Johor recorded 0 subsale transactions in 2021, with a median price of RM 490K and a median price per square foot (PSF) of RM 335.
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 490K, with most transactions falling within a stable range of RM 430K to RM 550K, and a typical market range of RM 438K to RM 542K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 335, with core pricing between RM 294 and RM 376. Market pricing typically extends from RM 299.50 to RM 370.50, reflecting moderate variation in unit pricing. With an IQR of RM 71.00 and MAD of RM 41, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.