PERUMAHAN RAKYAT LIMA KEDAI in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 263.
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 325K, with most transactions falling within a stable range of RM 295K to RM 355K, and a typical market range of RM 229K to RM 421K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
The median PSF stands at RM 263, with core pricing between RM 231 and RM 295. Market pricing typically extends from RM 232.75 to RM 293.25, reflecting moderate variation in unit pricing. With an IQR of RM 60.50 and MAD of RM 32, 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.
