SOUTHERN MARINA RESIDENCE

Area Intelligence
8 subsale transactions
2024
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Median Price
RM 1,025,000
PSF: RM 794

Residential PSF Trends

Median Price

RM 1,050,000

PSF: RM 794

Commercial PSF Trends

Median Price

RM 520,000

RM 383 PSF

SOUTHERN MARINA RESIDENCE in Johor Bahru, Johor recorded 8 subsale transactions in 2024, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 794.

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 1.03 million, with most transactions falling within a stable range of RM 549K to RM 1.50 million, and a typical market range of RM 651K to RM 1.40 million.

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

Price per square foot shows a median of RM 794, though individual units vary from RM 610 to RM 978 in the core range. The broader market spans RM 668.25 to RM 919.75, indicating diverse property characteristics. The spread of RM 251.50 (IQR) and deviation of RM 184 (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.

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SOUTHERN MARINA RESIDENCE, Johor Bahru, Johor

OSM

Transactions

8 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
500 sqft
Service Apartment
RM 280,000
Level 8
495 sqft · RM 565.00 PSF
Jan 2024
1,250 sqft
Service Apartment
RM 1,000,000
Level 21
1,260 sqft · RM 794.00 PSF
Aug 2024
RM 1,000,000
Level 23
1,260 sqft · RM 794.00 PSF
Jun 2024
1,300 sqft
Service Apartment
RM 1,230,000
Level 25
1,324 sqft · RM 929.00 PSF
Aug 2024
RM 1,100,000
Level 21
1,324 sqft · RM 831.00 PSF
Mar 2024
RM 1,050,000
Level 27
1,324 sqft · RM 793.00 PSF
Feb 2024
1,350 sqft
Shop/Retail Lot
RM 520,000
Level 8
1,356 sqft · RM 383.00 PSF
Feb 2024
2,000 sqft
Service Apartment
RM 2,000,000
Level 18
2,013 sqft · RM 993.00 PSF
Jul 2024