PARAGON RESIDENCES @ STRAITS VIEW

PARAGON RESIDENCES @ STRAITS VIEW in Johor Bahru, Johor recorded 10 subsale transactions in 2024, with a median price of RM 595K and a median price per square foot (PSF) of RM 673.

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 595K, with most transactions falling within a stable range of RM 400K to RM 863K, and a typical market range of RM 535K to RM 655K.

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

The median PSF stands at RM 673, with core pricing between RM 577 and RM 768. Market pricing typically extends from RM 620.25 to RM 724.75, reflecting moderate variation in unit pricing. With an IQR of RM 104.50 and MAD of RM 95, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.