PARADISO NUOVA

PARADISO NUOVA in Johor Bahru, Johor recorded 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 442.

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 400K, with most transactions falling within a stable range of RM 234K to RM 611K, and a typical market range of RM 248K to RM 553K.

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

Price per square foot shows a median of RM 442, though individual units vary from RM 319 to RM 565 in the core range. The broader market spans RM 389.00 to RM 495.00, indicating diverse property characteristics. A wider spread (IQR: RM 106.00) and deviation (MAD: RM 123) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.