HORIZON RESIDENCE @ BUKIT INDAH

HORIZON RESIDENCE @ BUKIT INDAH in Johor Bahru, Johor recorded 4 subsale transactions in 2021, with a median price of RM 465K and a median price per square foot (PSF) of RM 391.

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 465K, with most transactions falling within a stable range of RM 430K to RM 517K, and a typical market range of RM 430K to RM 567K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 391, with core pricing between RM 337 and RM 445. Market pricing typically extends from RM 371.50 to RM 410.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.