ECONEST (RESIDENSI EKO)

Area Intelligence
2023
Median Price
RM 715,000
PSF: RM 737

Residential PSF Trends

Median Price

RM 715,000

PSF: RM 737

ECONEST (RESIDENSI EKO) in Johor Bahru, Johor recorded 11 subsale transactions in 2023, with a median price of RM 715K and a median price per square foot (PSF) of RM 737.

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 715K, with most transactions falling within a stable range of RM 750K to RM 779K, and a typical market range of RM 750K to RM 877K.

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

Price per square foot shows a median of RM 737, though individual units vary from RM 519 to RM 955 in the core range. The broader market spans RM 646.75 to RM 827.25, indicating diverse property characteristics. A wider spread (IQR: RM 180.50) and deviation (MAD: RM 218) indicate significant PSF variations, likely due to diverse property types or conditions.

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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ECONEST (RESIDENSI EKO), Johor Bahru, Johor

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Transactions

2 transactions grouped by size

600 sqft
Service Apartment
RM 430,000
Level 28
592 sqft · RM 726 PSF
700 sqft
Service Apartment
RM 500,000
Level 29
678 sqft · RM 737 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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