GRAND MEDINI

GRAND MEDINI in Johor Bahru, Johor recorded 11 subsale transactions in 2022, with a median price of RM 399K and a median price per square foot (PSF) of RM 842.

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 399K, with most transactions falling within a stable range of RM 361K to RM 438K, and a typical market range of RM 349K to RM 449K.

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

For price per square foot, the median is RM 842, with most transactions between RM 788 and RM 897. The usual range is RM 797.75 to RM 886.25, showing that most units are priced quite close to each other. With an IQR of RM 88.50 and MAD of RM 55, 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.