MEDINI

Area Intelligence
2023
Median Price
RM 1,013,500
PSF: RM 586

Residential PSF Trends

Median Price

RM 1,395,000

PSF: RM 626

Commercial PSF Trends

Median Price

RM 690,000

RM 509 PSF

MEDINI in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 1.01 million and a median price per square foot (PSF) of RM 586.

This area contains both residential and commercial properties. View 7 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.01 million, with most transactions falling within a stable range of RM 752K to RM 1.28 million, and a typical market range of RM 790K to RM 1.24 million.

Most transactions involved soho/sofo/sovo, with high diversity across multiple property types.

For price per square foot, the median is RM 586, with most transactions between RM 536 and RM 636. The usual range is RM 537.63 to RM 634.38, showing that most units are priced quite close to each other. With an IQR of RM 96.75 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

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.

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MEDINI, Johor Bahru, Johor

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