THE GARDEN RESIDENCES

THE GARDEN RESIDENCES in Johor Bahru, Johor recorded 15 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 410.

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 350K, with most transactions falling within a stable range of RM 284K to RM 416K, and a typical market range of RM 295K to RM 405K.

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

For price per square foot, the median is RM 410, with most transactions between RM 371 and RM 449. The usual range is RM 371.50 to RM 448.50, showing that most units are priced quite close to each other. With an IQR of RM 77.00 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.