SOUTHERN MARINA RESIDENCE

Area Intelligence
2023
Median Price
RM 272,500
PSF: RM 530

Residential PSF Trends

Median Price

RM 272,500

PSF: RM 530

SOUTHERN MARINA RESIDENCE in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 273K and a median price per square foot (PSF) of RM 530.

This area contains both residential and commercial properties. View 13 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 273K, with most transactions falling within a stable range of RM 264K to RM 280K, and a typical market range of RM 260K to RM 280K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 530, with most transactions between RM 488 and RM 572. The usual range is RM 404.25 to RM 655.75, showing that most units are priced quite close to each other. With an IQR of RM 251.50 and MAD of RM 42, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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SOUTHERN MARINA RESIDENCE, Johor Bahru, Johor

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Transactions

3 transactions grouped by size

500 sqft
Service Apartment
RM 260,000
Level 18
495 sqft · RM 525 PSF
RM 265,000
Level 18
495 sqft · RM 535 PSF
650 sqft
Service Apartment
RM 280,000
Level 17
635 sqft · RM 441 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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