ISKANDAR RESIDENCE @ MEDINI

ISKANDAR RESIDENCE @ MEDINI in Johor Bahru, Johor recorded 15 subsale transactions in 2022, with a median price of RM 646K and a median price per square foot (PSF) of RM 760.

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 646K, with most transactions falling within a stable range of RM 434K to RM 866K, and a typical market range of RM 467K to RM 825K.

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

Price per square foot shows a median of RM 760, though individual units vary from RM 568 to RM 952 in the core range. The broader market spans RM 645.38 to RM 874.63, indicating diverse property characteristics. A wider spread (IQR: RM 229.25) and deviation (MAD: RM 192) indicate significant PSF variations, likely due to diverse property types or conditions.

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.