8SCAPE

8SCAPE in Johor Bahru, Johor recorded 14 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 495.

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 525K, with most transactions falling within a stable range of RM 422K to RM 628K, and a typical market range of RM 465K to RM 585K.

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

For price per square foot, the median is RM 495, with most transactions between RM 453 and RM 537. The usual range is RM 459.50 to RM 530.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.