SOUTHKEY (MOZEK RESIDENSI)

SOUTHKEY (MOZEK RESIDENSI) in Johor Bahru, Johor recorded 9 subsale transactions in 2022, with a median price of RM 544K and a median price per square foot (PSF) of RM 584.

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 544K, with most transactions falling within a stable range of RM 394K to RM 737K, and a typical market range of RM 394K to RM 897K.

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

Price per square foot shows a median of RM 584, though individual units vary from RM 460 to RM 708 in the core range. The broader market spans RM 452.00 to RM 716.00, indicating diverse property characteristics. The spread of RM 264.00 (IQR) and deviation of RM 124 (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.