SOUTHKEY (MOZEK RESIDENSI)

SOUTHKEY (MOZEK RESIDENSI) in Johor Bahru, Johor recorded 13 subsale transactions in 2023, with a median price of RM 635K and a median price per square foot (PSF) of RM 728.

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 635K, with most transactions falling within a stable range of RM 400K to RM 979K, and a typical market range of RM 400K to RM 988K.

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

The median PSF stands at RM 728, with core pricing between RM 596 and RM 860. Market pricing typically extends from RM 596.00 to RM 860.00, reflecting moderate variation in unit pricing. The spread of RM 264.00 (IQR) and deviation of RM 132 (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.