LEISURE FARM in Johor Bahru, Johor recorded 33 subsale transactions in 2022, with a median price of RM 610K and a median price per square foot (PSF) of RM 299.
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 610K, with most transactions falling within a stable range of RM 489K to RM 500K, and a typical market range of RM 120K to RM 500K.
Most transactions involved town house, with high diversity across multiple property types.
The median PSF stands at RM 299, with core pricing between RM 253 and RM 345. Market pricing typically extends from RM 219.88 to RM 378.13, reflecting moderate variation in unit pricing. The spread of RM 158.25 (IQR) and deviation of RM 46 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.
