TEEGA RESIDENCE @ PUTERI HARBOUR in Johor Bahru, Johor recorded 6 subsale transactions in 2021, with a median price of RM 321K and a median price per square foot (PSF) of RM 589.
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 321K, with most transactions falling within a stable range of RM 288K to RM 476K, and a typical market range of RM 288K to RM 479K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 589, with most transactions between RM 546 and RM 631. The usual range is RM 524.50 to RM 652.50, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 43, 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.
