EMERALD BAY @ PUTERI HARBOUR in Johor Bahru, Johor recorded 18 subsale transactions in 2023, with a median price of RM 1.48 million and a median price per square foot (PSF) of RM 684.
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 1.48 million, with most transactions falling within a stable range of RM 696K to RM 2.26 million, and a typical market range of RM 841K to RM 2.11 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 684, with core pricing between RM 604 and RM 764. Market pricing typically extends from RM 589.50 to RM 778.50, reflecting moderate variation in unit pricing. With an IQR of RM 189.00 and MAD of RM 80, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
