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 974K to RM 730K, and a typical market range of RM 790K to RM 730K.
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 537 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.
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. Limited transaction history suggests carefully evaluating comparable sales data.
