OFF MP 11 1/4 JALAN J.BAHRU/ULU TIRAM in Johor Bahru, Johor recorded 1 subsale transactions in 2024, with a median price of RM 3.15 million and a median price per square foot (PSF) of RM 68.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 3.15 million, with most transactions falling within a stable range of RM 0 to RM 6.30 million, and a typical market range of RM 431K to RM 5.87 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 68, though individual units vary from RM 53 to RM 84 in the core range. The broader market spans RM 54.13 to RM 81.88, indicating diverse property characteristics. The spread of RM 27.75 (IQR) and deviation of RM 16 (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.