The Pines Residence
Taman Desa, Kampung Paya Mengkuang, 81560 Gelang Patah, Johor Darul Ta'zim, Malaysia
Taman Desa, Kampung Paya Mengkuang, 81560 Gelang Patah, Johor Darul Ta'zim, Malaysia
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Market Snapshot
ResidentialRM 310,000
RM 311 psfMedian transaction price
The Pines Residence, Taman Desa, Kampung Paya Mengkuang, 81560 Gelang Patah, Johor Darul Ta'zim, Malaysia
MapsThe Pines Residence in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 310K and a median price per square foot (PSF) of RM 311.
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 310K, with most transactions falling within a stable range of RM 270K to RM 350K, and a typical market range of RM 285K to RM 335K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM 311, with core pricing between RM 256 and RM 365. Market pricing typically extends from RM 287.78 to RM 333.53, reflecting moderate variation in unit pricing. The spread of RM 45.75 (IQR) and deviation of RM 55 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.