PUSAT PERDAGANGAN EKOFLORA

PUSAT PERDAGANGAN EKOFLORA in Johor Bahru, Johor recorded 31 subsale transactions in 2021, with a median price of RM 981K and a median price per square foot (PSF) of RM 611.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 981K, with most transactions falling within a stable range of RM 439K to RM 1.52 million, and a typical market range of RM 712K to RM 1.25 million.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 611, though individual units vary from RM 171 to RM 1,051 in the core range. The broader market spans RM 466.00 to RM 756.00, indicating diverse property characteristics. A wider spread (IQR: RM 290.00) and deviation (MAD: RM 440) 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.