GRAND MEDINI

GRAND MEDINI in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 410K and a median price per square foot (PSF) of RM 749.

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 410K, with most transactions falling within a stable range of RM 371K to RM 585K, and a typical market range of RM 380K to RM 441K.

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

For price per square foot, the median is RM 749, with most transactions between RM 675 and RM 823. The usual range is RM 694.50 to RM 803.50, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 74, the PSF demonstrates reasonable consistency across the market.

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.