GLENMARIE HEIGHTS

GLENMARIE HEIGHTS in Johor Bahru, Johor recorded 44 subsale transactions in 2023, with a median price of RM 1.09 million and a median price per square foot (PSF) of RM 417.

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 1.09 million, with most transactions falling within a stable range of RM 801K to RM 1.39 million, and a typical market range of RM 860K to RM 1.33 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 417, with core pricing between RM 354 and RM 480. Market pricing typically extends from RM 376.00 to RM 458.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 63 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.