BANDAR BARU PERMAS JAYA

BANDAR BARU PERMAS JAYA in Johor Bahru, Johor recorded 221 subsale transactions in 2023, priced up to RM 500K, with a median price of RM 340K and a median price per square foot (PSF) of RM 342.

This area contains both residential and commercial properties. View 1,131 residential properties or 221 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 248K to RM 432K, and a typical market range of RM 152K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 342, though individual units vary from RM 270 to RM 413 in the core range. The broader market spans RM 270.30 to RM 412.80, indicating diverse property characteristics. The spread of RM 142.50 (IQR) and deviation of RM 71 (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. High transaction volume ensures good market liquidity and easier price discovery.