MERIDIN SUITES RESIDENCE

Area Intelligence
2022
Median Price
RM 340,000
PSF: RM 641

Residential PSF Trends

Median Price

RM 340,000

PSF: RM 641

MERIDIN SUITES RESIDENCE in Johor Bahru, Johor recorded 5 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 641.

This area contains both residential and commercial properties. View 38 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 240K to RM 503K, and a typical market range of RM 258K to RM 422K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 641, though individual units vary from RM 500 to RM 782 in the core range. The broader market spans RM 591.25 to RM 690.75, indicating diverse property characteristics. The spread of RM 99.50 (IQR) and deviation of RM 141 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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MERIDIN SUITES RESIDENCE, Johor Bahru, Johor

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Transactions

5 transactions grouped by size

450 sqft
Condo/Apartment
RM 300,000
Level 10
448 sqft · RM 670 PSF
500 sqft
Condo/Apartment
RM 340,000
Level 25
517 sqft · RM 658 PSF
800 sqft
Condo/Apartment
RM 240,000
Level 32
807 sqft · RM 297 PSF
950 sqft
Condo/Apartment
RM 621,000
Level 22
969 sqft · RM 641 PSF
1,000 sqft
Service Apartment
RM 617,000
Level 24
990 sqft · RM 623 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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