MEDINI SIGNATURE in Johor Bahru, Johor recorded 1 subsale transactions in 2021, with a median price of RM 447K and a median price per square foot (PSF) of RM 277.
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 447K, with most transactions falling within a stable range of RM 299K to RM 595K, and a typical market range of RM 291K to RM 603K.
Most transactions involved condominium/apartment, with minimal variety in property types.
Price per square foot shows a median of RM 277, though individual units vary from RM 166 to RM 388 in the core range. The broader market spans RM 125.63 to RM 428.38, indicating diverse property characteristics. A wider spread (IQR: RM 302.75) and deviation (MAD: RM 111) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
