ECONEST (RESIDENSI EKO)

ECONEST (RESIDENSI EKO) in Johor Bahru, Johor recorded 10 subsale transactions in 2022, with a median price of RM 993K and a median price per square foot (PSF) of RM 783.

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 993K, with most transactions falling within a stable range of RM 979K to RM 1.09 million, and a typical market range of RM 979K to RM 1.15 million.

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

The median PSF stands at RM 783, with core pricing between RM 661 and RM 905. Market pricing typically extends from RM 692.75 to RM 873.25, reflecting moderate variation in unit pricing. The spread of RM 180.50 (IQR) and deviation of RM 122 (MAD) suggest moderate price variations reflecting different property features.

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.