ISKANDAR RESIDENCE @ MEDINI in Johor Bahru, Johor recorded 12 subsale transactions in 2023, with a median price of RM 572K and a median price per square foot (PSF) of RM 608.
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 572K, with most transactions falling within a stable range of RM 397K to RM 747K, and a typical market range of RM 386K to RM 759K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 608, with core pricing between RM 504 and RM 712. Market pricing typically extends from RM 488.50 to RM 727.50, reflecting moderate variation in unit pricing. The spread of RM 239.00 (IQR) and deviation of RM 104 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
