ECONEST (RESIDENSI EKO)

ECONEST (RESIDENSI EKO) in Johor Bahru, Johor recorded 7 subsale transactions in 2021, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 945.

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 1.03 million, with most transactions falling within a stable range of RM 893K to RM 1.16 million, and a typical market range of RM 875K to RM 1.19 million.

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

For price per square foot, the median is RM 945, with most transactions between RM 905 and RM 985. The usual range is RM 854.75 to RM 1,035.25, showing that most units are priced quite close to each other. With an IQR of RM 180.50 and MAD of RM 40, 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.