PARADISO NUOVA in Johor Bahru, Johor recorded 4 subsale transactions in 2022, with a median price of RM 499K and a median price per square foot (PSF) of RM 599.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 499K, with most transactions falling within a stable range of RM 419K to RM 579K, and a typical market range of RM 338K to RM 660K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 599, with most transactions between RM 550 and RM 648. The usual range is RM 552.00 to RM 646.00, showing that most units are priced quite close to each other. With an IQR of RM 94.00 and MAD of RM 49, 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.
