ECONEST (RESIDENSI EKO)

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 604K to RM 750K, and a typical market range of RM 553K to RM 750K.

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

The median PSF stands at RM 737, with core pricing between RM 630 and RM 844. Market pricing typically extends from RM 646.75 to RM 827.25, reflecting moderate variation in unit pricing. With an IQR of RM 180.50 and MAD of RM 107, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.