MERIDIAN 2 APT in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 603.
This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 242K to RM 278K, and a typical market range of RM 248K to RM 272K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM 603, with most transactions between RM 580 and RM 625. The usual range is RM 594.38 to RM 610.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.25 and an average deviation (MAD) of RM 23 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
