SUASANA SERVICE APARTMENT in Johor Bahru, Johor recorded 5 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 959.
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 700K, with most transactions falling within a stable range of RM 572K to RM 828K, and a typical market range of RM 475K to RM 925K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 959, with core pricing between RM 777 and RM 1,141. Market pricing typically extends from RM 822.52 to RM 1,094.52, reflecting moderate variation in unit pricing. The spread of RM 272.00 (IQR) and deviation of RM 182 (MAD) suggest moderate price variations reflecting different property features.
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.
