8SCAPE

Area Intelligence

2022

Median Price

RM 400,000

PSF: RM 495

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Residential PSF Trends

Median Price

RM 400,000

PSF: RM 495

8SCAPE in Johor Bahru, Johor recorded 3 subsale transactions in 2022, with a median price of RM 400K 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 400K, with most transactions falling within a stable range of RM 367K to RM 400K, and a typical market range of RM 340K to RM 400K.

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 454 and RM 536. 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 41, 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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