EAST LEDANG in Johor Bahru, Johor recorded 48 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 390.
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 1.00 million, with most transactions falling within a stable range of RM 310K to RM 2.05 million, and a typical market range of RM 527K to RM 1.47 million.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 390, with core pricing between RM 320 and RM 460. Market pricing typically extends from RM 341.00 to RM 439.00, reflecting moderate variation in unit pricing. The spread of RM 98.00 (IQR) and deviation of RM 70 (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. Moderate transaction volume may require patience when buying or selling.
