SOUTHKEY (MOZEK RESIDENSI)

SOUTHKEY (MOZEK RESIDENSI) in Johor Bahru, Johor recorded 8 subsale transactions in 2024, with a median price of RM 868K and a median price per square foot (PSF) of RM 627.

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 868K, with most transactions falling within a stable range of RM 629K to RM 1.11 million, and a typical market range of RM 514K to RM 1.18 million.

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

The median PSF stands at RM 627, with core pricing between RM 507 and RM 747. Market pricing typically extends from RM 495.00 to RM 759.00, reflecting moderate variation in unit pricing. The spread of RM 264.00 (IQR) and deviation of RM 120 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.