JALAN SKUDAI/KEMPAS LAMA

JALAN SKUDAI/KEMPAS LAMA in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 17.95 million and a median price per square foot (PSF) of RM 133.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 17.95 million, with most transactions falling within a stable range of RM 8.40 million to RM 27.50 million, and a typical market range of RM 8.40 million to RM 27.50 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

Price per square foot shows a median of RM 133, though individual units vary from RM 73 to RM 192 in the core range. The broader market spans RM 102.75 to RM 162.25, indicating diverse property characteristics. A wider spread (IQR: RM 59.50) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.

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.