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 -167,500 to RM 713K, and a typical market range of RM -101,250 to RM 646K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 530, with core pricing between RM 437 and RM 624. Market pricing typically extends from RM 404.25 to RM 655.75, reflecting moderate variation in unit pricing. The spread of RM 251.50 (IQR) and deviation of RM 94 (MAD) suggest moderate price variations reflecting different property features.
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.
