PARADISO NUOVA in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 725K and a median price per square foot (PSF) of RM 502.
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 725K, with most transactions falling within a stable range of RM 645K to RM 805K, and a typical market range of RM 564K to RM 886K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 502, with most transactions between RM 453 and RM 551. The usual range is RM 455.00 to RM 549.00, 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.
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.