EMERALD BAY @ PUTERI HARBOUR

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 850K to RM 3.51 million, and a typical market range of RM 850K to RM 2.11 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 684, though individual units vary from RM 536 to RM 832 in the core range. The broader market spans RM 589.50 to RM 778.50, indicating diverse property characteristics. The spread of RM 189.00 (IQR) and deviation of RM 148 (MAD) suggest moderate price variations reflecting different property features.

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.