PUSAT PERDAGANGAN EKOFLORA

PUSAT PERDAGANGAN EKOFLORA in Johor Bahru, Johor recorded 25 subsale transactions in 2023, with a median price of RM 987K 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 987K, with most transactions falling within a stable range of RM 613K to RM 1.36 million, and a typical market range of RM 718K to RM 1.26 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 349 to RM 801 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 226) 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.