| Price | PSF | Size | Date | Type |
|---|
|
RM 700,000
|
RM 94
|
7,414 sqft
|
|
|
|
RM 700,000
|
RM 94
|
7,414 sqft
|
|
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Kampung Melayu Baru Gelang Patah, 81550 Gelang Patah, Johor Darul Ta'zim, Malaysia
MapsKampung Melayu Gelang Patah in Johor Bahru, Johor recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 280K and a median price per square foot (PSF) of RM 56.
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 280K, with most transactions falling within a stable range of RM 270K to RM 290K, and a typical market range of RM 270K to RM 490K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 56, with core pricing between RM 46 and RM 66. Market pricing typically extends from RM 35.82 to RM 75.82, reflecting moderate variation in unit pricing. The spread of RM 40.00 (IQR) and deviation of RM 10 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.