PARAGON RESIDENCES @ STRAITS VIEW

PARAGON RESIDENCES @ STRAITS VIEW in Johor Bahru, Johor recorded 47 subsale transactions in 2022, with a median price of RM 527K and a median price per square foot (PSF) of RM 710.

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 527K, with most transactions falling within a stable range of RM 472K to RM 582K, and a typical market range of RM 467K to RM 587K.

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

The median PSF stands at RM 710, with core pricing between RM 636 and RM 784. Market pricing typically extends from RM 657.75 to RM 762.25, reflecting moderate variation in unit pricing. With an IQR of RM 104.50 and MAD of RM 74, 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. Moderate transaction volume may require patience when buying or selling.