KAMPUNG BARU LIMA KEDAI in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 172.
This area contains both residential and commercial properties. View 15 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 200K, with most transactions falling within a stable range of RM 150K to RM 250K, and a typical market range of RM 148K to RM 253K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 172, though individual units vary from RM 120 to RM 225 in the core range. The broader market spans RM 125.25 to RM 218.75, indicating diverse property characteristics. A wider spread (IQR: RM 93.50) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
