PARADISO NUOVA in Johor Bahru, Johor recorded 13 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 442.
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 400K, with most transactions falling within a stable range of RM 320K to RM 480K, and a typical market range of RM 239K to RM 561K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 442, with core pricing between RM 393 and RM 491. Market pricing typically extends from RM 395.00 to RM 489.00, reflecting moderate variation in unit pricing. 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.