8SCAPE

8SCAPE in Johor Bahru, Johor recorded 14 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 495.

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 525K, with most transactions falling within a stable range of RM 509K to RM 442K, and a typical market range of RM 465K to RM 442K.

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

For price per square foot, the median is RM 495, with most transactions between RM 475 and RM 515. The usual range is RM 459.50 to RM 530.50, showing that most units are priced quite close to each other. With an IQR of RM 71.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.