HORIZON HILL in Johor Bahru, Johor recorded 280 subsale transactions in 2022, with a median price of RM 964K and a median price per square foot (PSF) of RM 461.
This area contains both residential and commercial properties. View 945 residential properties or 44 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 964K, with most transactions falling within a stable range of RM 884K to RM 1.00 million, and a typical market range of RM 750K to RM 1.00 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 461, though individual units vary from RM 324 to RM 597 in the core range. The broader market spans RM 380.00 to RM 541.00, indicating diverse property characteristics. A wider spread (IQR: RM 161.00) and deviation (MAD: RM 136) indicate significant PSF variations, likely due to diverse property types or conditions.
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. High transaction volume ensures good market liquidity and easier price discovery.
