MEDINI SIGNATURE in Johor Bahru, Johor recorded 67 subsale transactions in 2023, with a median price of RM 932K and a median price per square foot (PSF) of RM 798.
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 932K, with most transactions falling within a stable range of RM 784K to RM 1.08 million, and a typical market range of RM 776K to RM 1.09 million.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 798, with core pricing between RM 687 and RM 909. Market pricing typically extends from RM 646.63 to RM 949.38, reflecting moderate variation in unit pricing. With an IQR of RM 302.75 and MAD of RM 111, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.