BORA RESIDENCES

BORA RESIDENCES in Johor Bahru, Johor recorded 7 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 423.

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 450K, with most transactions falling within a stable range of RM 354K to RM 546K, and a typical market range of RM 371K to RM 529K.

Most transactions involved service apartment, with minimal variety in property types.

The median PSF stands at RM 423, with core pricing between RM 349 and RM 497. Market pricing typically extends from RM 361.75 to RM 484.25, reflecting moderate variation in unit pricing. The spread of RM 122.50 (IQR) and deviation of RM 74 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.