G RESIDENCE (PANGSAPURI PERMAI) in Johor Bahru, Johor recorded 3 subsale transactions in 2024, with a median price of RM 365K and a median price per square foot (PSF) of RM 436.
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 365K, with most transactions falling within a stable range of RM 365K to RM 465K, and a typical market range of RM 365K to RM 424K.
Most transactions involved service apartment, with minimal variety in property types.
Price per square foot shows a median of RM 436, though individual units vary from RM 321 to RM 552 in the core range. The broader market spans RM 384.25 to RM 487.75, indicating diverse property characteristics. A wider spread (IQR: RM 103.50) and deviation (MAD: RM 116) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
