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Market Snapshot
ResidentialRM 335,000
RM 508 psfMedian transaction price
Pangsapuri Fasa, 13, Jln Padi Malinja, Bandar Baru Uda, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsPangsapuri Kebun Teh in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 335K and a median price per square foot (PSF) of RM 508.
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 335K, with most transactions falling within a stable range of RM 230K to RM 440K, and a typical market range of RM 253K to RM 418K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 508, with core pricing between RM 454 and RM 562. Market pricing typically extends from RM 455.25 to RM 561.25, reflecting moderate variation in unit pricing. With an IQR of RM 106.00 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.