THE EMBASSY SUITE

THE EMBASSY SUITE in Johor Bahru, Johor recorded 15 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 507.

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 380K, with most transactions falling within a stable range of RM 328K to RM 488K, and a typical market range of RM 328K to RM 448K.

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

For price per square foot, the median is RM 507, with most transactions between RM 475 and RM 539. The usual range is RM 493.00 to RM 521.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 28.00 and an average deviation (MAD) of RM 32 indicate a highly stable PSF trend across properties.

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.