8SCAPE

Area Intelligence

2021

Median Price

RM 360,000

PSF: RM 446

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 446

8SCAPE in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 446.

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 360K, with most transactions falling within a stable range of RM 320K to RM 400K, and a typical market range of RM 320K to RM 400K.

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

The median PSF stands at RM 446, with core pricing between RM 396 and RM 495. Market pricing typically extends from RM 410.00 to RM 481.00, reflecting moderate variation in unit pricing. With an IQR of RM 71.00 and MAD of RM 50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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8SCAPE, Johor Bahru, Johor

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