SOUTHERN MARINA RESIDENCE

SOUTHERN MARINA RESIDENCE in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 273K and a median price per square foot (PSF) of RM 530.

This area contains both residential and commercial properties. View 13 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 273K, with most transactions falling within a stable range of RM 260K to RM 416K, and a typical market range of RM 260K to RM 600K.

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

Price per square foot shows a median of RM 530, though individual units vary from RM 404 to RM 656 in the core range. The broader market spans RM 404.25 to RM 655.75, indicating diverse property characteristics. The spread of RM 251.50 (IQR) and deviation of RM 126 (MAD) suggest moderate price variations reflecting different property features.

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.