Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 150,000
|
RM 194
|
775 sqft
|
|
|
|
Level 2
|
RM 65,000
|
RM 84
|
775 sqft
|
|
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Market Snapshot
ResidentialRM 120,000
RM 189 psfMedian transaction price
Perumahan Rakyat Lima Kedai, Kampung Melayu Lima Kedai, 81300 Johor Bahru, Johor, Malaysia
MapsPerumahan 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 85K to RM 150K, and a typical market range of RM 65K to RM 150K.
Most transactions involved low-cost flat, with moderate diversity in property types available.
Price per square foot shows a median of RM 189, though individual units vary from RM 138 to RM 240 in the core range. The broader market spans RM 158.71 to RM 219.21, indicating diverse property characteristics. A wider spread (IQR: RM 60.50) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.
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.