SOUTHERN MARINA RESIDENCE in Johor Bahru, Johor recorded 2 subsale transactions in 2022, with a median price of RM 1.27 million and a median price per square foot (PSF) of RM 777.
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 1.27 million, with most transactions falling within a stable range of RM 825K to RM 1.71 million, and a typical market range of RM 891K to RM 1.64 million.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 777, with core pricing between RM 684 and RM 871. Market pricing typically extends from RM 651.25 to RM 902.75, reflecting moderate variation in unit pricing. With an IQR of RM 251.50 and MAD of RM 94, 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.
