KIM TENG PARK

KIM TENG PARK in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 890K and a median price per square foot (PSF) of RM 363.

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 890K, with most transactions falling within a stable range of RM 580K to RM 1.20 million, and a typical market range of RM 580K to RM 1.20 million.

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

For price per square foot, the median is RM 363, with most transactions between RM 341 and RM 385. The usual range is RM 288.75 to RM 437.25, showing that most units are priced quite close to each other. With an IQR of RM 148.50 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.