PERUMAHAN RAKYAT LIMA KEDAI in Johor Bahru, Johor recorded 3 subsale transactions in 2022, with a median price of RM 120K and a median price per square foot (PSF) of RM 189.
This area contains both residential and commercial properties. View 12 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 120K, with most transactions falling within a stable range of RM 90K to RM 150K, and a typical market range of RM 24K to RM 216K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 189, with core pricing between RM 157 and RM 221. Market pricing typically extends from RM 158.75 to RM 219.25, reflecting moderate variation in unit pricing. The spread of RM 60.50 (IQR) and deviation of RM 32 (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.
