PUSAT PERDAGANGAN EKOFLORA

PUSAT PERDAGANGAN EKOFLORA in Johor Bahru, Johor recorded 33 subsale transactions in 2022, with a median price of RM 948K and a median price per square foot (PSF) of RM 575.

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 948K, with most transactions falling within a stable range of RM 618K to RM 1.28 million, and a typical market range of RM 679K to RM 1.22 million.

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

Price per square foot shows a median of RM 575, though individual units vary from RM 185 to RM 965 in the core range. The broader market spans RM 430.00 to RM 720.00, indicating diverse property characteristics. A wider spread (IQR: RM 290.00) and deviation (MAD: RM 390) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.