GRAND MEDINI in Johor Bahru, Johor recorded 0 subsale transactions in 2021, with a median price of RM 438K and a median price per square foot (PSF) of RM 826.
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 438K, with most transactions falling within a stable range of RM 399K to RM 476K, and a typical market range of RM 388K to RM 488K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 826, with most transactions between RM 772 and RM 881. The usual range is RM 781.75 to RM 870.25, 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.
