TEEGA RESIDENCE @ PUTERI HARBOUR in Johor Bahru, Johor recorded 23 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 552.
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 510K, with most transactions falling within a stable range of RM 320K to RM 762K, and a typical market range of RM 353K to RM 668K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 552, with core pricing between RM 460 and RM 644. Market pricing typically extends from RM 488.00 to RM 616.00, reflecting moderate variation in unit pricing. The spread of RM 128.00 (IQR) and deviation of RM 92 (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. Moderate transaction volume may require patience when buying or selling.
