ISKANDAR RESIDENCE @ MEDINI

ISKANDAR RESIDENCE @ MEDINI in Johor Bahru, Johor recorded 15 subsale transactions in 2022, with a median price of RM 646K and a median price per square foot (PSF) of RM 760.

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 646K, with most transactions falling within a stable range of RM 471K to RM 821K, and a typical market range of RM 460K to RM 833K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 760, with core pricing between RM 656 and RM 864. Market pricing typically extends from RM 640.50 to RM 879.50, reflecting moderate variation in unit pricing. With an IQR of RM 239.00 and MAD of RM 104, 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.