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HORIZON RESIDENCE @ BUKIT INDAH

HORIZON RESIDENCE @ BUKIT INDAH

Area Intelligence

2022

Median Price

RM 475,000

PSF: RM 426

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Residential PSF Trends

Median Price

RM 475,000

PSF: RM 426

HORIZON RESIDENCE @ BUKIT INDAH in Johor Bahru, Johor recorded 16 subsale transactions in 2022, with a median price of RM 475K and a median price per square foot (PSF) of RM 426.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 426, with most transactions between RM 411 and RM 442. The usual range is RM 402.38 to RM 449.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.25 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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.

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HORIZON RESIDENCE @ BUKIT INDAH, Johor Bahru, Johor

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