PARAGON RESIDENCES @ STRAITS VIEW

PARAGON RESIDENCES @ STRAITS VIEW in Johor Bahru, Johor recorded 26 subsale transactions in 2023, with a median price of RM 635K and a median price per square foot (PSF) of RM 634.

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 635K, with most transactions falling within a stable range of RM 445K to RM 864K, and a typical market range of RM 575K to RM 695K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 634, with core pricing between RM 530 and RM 737. Market pricing typically extends from RM 581.25 to RM 685.75, reflecting moderate variation in unit pricing. The spread of RM 104.50 (IQR) and deviation of RM 103 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.