KONDOMINIUM PETRIE

KONDOMINIUM PETRIE in Johor Bahru, Johor recorded 8 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 302.

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 300K to RM 653K, and a typical market range of RM 419K to RM 481K.

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

The median PSF stands at RM 302, with core pricing between RM 248 and RM 355. Market pricing typically extends from RM 275.88 to RM 327.13, reflecting moderate variation in unit pricing. The spread of RM 51.25 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

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.