ECONEST (RESIDENSI EKO)

ECONEST (RESIDENSI EKO) in Johor Bahru, Johor recorded 7 subsale transactions in 2021, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 945.

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 1.03 million, with most transactions falling within a stable range of RM 846K to RM 1.20 million, and a typical market range of RM 863K to RM 1.19 million.

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

The median PSF stands at RM 945, with core pricing between RM 839 and RM 1,051. Market pricing typically extends from RM 854.75 to RM 1,035.25, reflecting moderate variation in unit pricing. With an IQR of RM 180.50 and MAD of RM 106, 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.