MEDINI in Johor Bahru, Johor recorded 13 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 606.
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 800K, with most transactions falling within a stable range of RM 714K to RM 580K, and a typical market range of RM 576K to RM 580K.
Most transactions involved soho/sofo/sovo, with high diversity across multiple property types.
For price per square foot, the median is RM 606, with most transactions between RM 554 and RM 658. The usual range is RM 557.63 to RM 654.38, showing that most units are priced quite close to each other. With an IQR of RM 96.75 and MAD of RM 52, 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.
