TEEGA RESIDENCE @ PUTERI HARBOUR

TEEGA RESIDENCE @ PUTERI HARBOUR in Johor Bahru, Johor recorded 12 subsale transactions in 2022, with a median price of RM 455K and a median price per square foot (PSF) of RM 557.

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 455K, with most transactions falling within a stable range of RM 650K to RM 496K, and a typical market range of RM 650K to RM 613K.

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

The median PSF stands at RM 557, with core pricing between RM 460 and RM 653. Market pricing typically extends from RM 492.50 to RM 620.50, reflecting moderate variation in unit pricing. The spread of RM 128.00 (IQR) and deviation of RM 97 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.