RINI HOMES 7 (TAMAN MUTIARA RINI) in Johor Bahru, Johor recorded 7 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 342.
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 680K, with most transactions falling within a stable range of RM 598K to RM 763K, and a typical market range of RM 534K to RM 826K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 342, with core pricing between RM 294 and RM 391. Market pricing typically extends from RM 268.50 to RM 415.50, reflecting moderate variation in unit pricing. With an IQR of RM 147.00 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.