RINI HOMES 5 (TAMAN MUTIARA RINI) in Johor Bahru, Johor recorded 1 subsale transactions in 2022, with a median price of RM 442K and a median price per square foot (PSF) of RM 309.
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 442K, with most transactions falling within a stable range of RM 200K to RM 684K, and a typical market range of RM 321K to RM 563K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 309, with most transactions between RM 295 and RM 324. The usual range is RM 301.75 to RM 316.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.50 and an average deviation (MAD) of RM 15 indicate a highly stable PSF trend across properties.
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.
