MEDINI in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 896K and a median price per square foot (PSF) of RM 824.
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 896K, with most transactions falling within a stable range of RM 634K to RM 1.16 million, and a typical market range of RM 672K to RM 1.12 million.
Most transactions involved soho/sofo/sovo, with high diversity across multiple property types.
For price per square foot, the median is RM 824, with most transactions between RM 774 and RM 874. The usual range is RM 775.63 to RM 872.38, 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.
