GRAND MEDINI

GRAND MEDINI in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 499K and a median price per square foot (PSF) of RM 965.

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 499K, with most transactions falling within a stable range of RM 471K to RM 499K, and a typical market range of RM 469K to RM 499K.

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

For price per square foot, the median is RM 965, with most transactions between RM 898 and RM 1,032. The usual range is RM 910.50 to RM 1,019.50, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 67, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.