ISKANDAR RESIDENCE @ MEDINI in Johor Bahru, Johor recorded 23 subsale transactions in 2024, with a median price of RM 873K and a median price per square foot (PSF) of RM 601.
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 873K, with most transactions falling within a stable range of RM 698K to RM 1.05 million, and a typical market range of RM 687K to RM 1.06 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 601, with core pricing between RM 497 and RM 705. Market pricing typically extends from RM 481.50 to RM 720.50, 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. Moderate transaction volume may require patience when buying or selling.
