FOREST CITY

Area Intelligence
2024
Median Price
RM 360,000
PSF: RM 533

Residential PSF Trends

Median Price

RM 360,000

PSF: RM 533

FOREST CITY in Johor Bahru, Johor recorded 10 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 533.

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 360K, with most transactions falling within a stable range of RM 356K to RM 280K, and a typical market range of RM 270K to RM 280K.

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

For price per square foot, the median is RM 533, with most transactions between RM 500 and RM 565. The usual range is RM 247.88 to RM 817.13, showing that most units are priced quite close to each other. With an IQR of RM 569.25 and MAD of RM 33, 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.

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FOREST CITY, Johor Bahru, Johor

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Transactions

4 transactions grouped by size

500 sqft
Service Apartment
RM 270,000
Level 21
517 sqft · RM 523 PSF
RM 270,000
Level 13
517 sqft · RM 523 PSF
RM 280,000
Level 16
517 sqft · RM 542 PSF
600 sqft
Service Apartment
RM 275,000
Level 30
603 sqft · RM 456 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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