PANGSAPURI LAGUN

PANGSAPURI LAGUN in Johor Bahru, Johor recorded 55 subsale transactions in 2023, with a median price of RM 517K and a median price per square foot (PSF) of RM 538.

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 517K, with most transactions falling within a stable range of RM 304K to RM 767K, and a typical market range of RM 365K to RM 669K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 538, though individual units vary from RM 394 to RM 682 in the core range. The broader market spans RM 462.25 to RM 613.75, indicating diverse property characteristics. A wider spread (IQR: RM 151.50) and deviation (MAD: RM 144) 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. Moderate transaction volume may require patience when buying or selling.