MEDAN KOTA JOHBASE

MEDAN KOTA JOHBASE in Kluang, Johor recorded 3 subsale transactions in 2022, with a median price of RM 75K and a median price per square foot (PSF) of RM 122.

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 75K, with most transactions falling within a stable range of RM 65K to RM 99K, and a typical market range of RM 65K to RM 93K.

Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 122, though individual units vary from RM 78 to RM 166 in the core range. The broader market spans RM 90.13 to RM 153.88, indicating diverse property characteristics. A wider spread (IQR: RM 63.75) and deviation (MAD: RM 44) 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. Limited transaction history suggests carefully evaluating comparable sales data.