PANDAN RESIDENCES

PANDAN RESIDENCES in Johor Bahru, Johor recorded 24 subsale transactions in 2023, with a median price of RM 430K and a median price per square foot (PSF) of RM 432.

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 430K, with most transactions falling within a stable range of RM 334K to RM 526K, and a typical market range of RM 369K to RM 491K.

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

The median PSF stands at RM 432, with core pricing between RM 348 and RM 516. Market pricing typically extends from RM 402.50 to RM 461.50, reflecting moderate variation in unit pricing. The spread of RM 59.00 (IQR) and deviation of RM 84 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.