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 706K to RM 1.22 million, and a typical market range of RM 689K to RM 1.24 million.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 461, with core pricing between RM 379 and RM 543. Market pricing typically extends from RM 380.00 to RM 541.00, reflecting moderate variation in unit pricing. The spread of RM 161.00 (IQR) and deviation of RM 82 (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. High transaction volume ensures good market liquidity and easier price discovery.
