Area Intelligence

MAJIDEE PARK

4 properties
2022
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Median Price
RM 885,000
PSF: RM 285

Residential Market

Median Price

RM 890,000

IQR: RM 81
MAD: RM 36
RM 282 PSF 19.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 880,000

IQR: RM 3
MAD: RM 3
RM 489 PSF 0.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MAJIDEE PARK in Johor Bahru, Johor recorded 4 subsale transactions in 2022, with a median price of RM 885K and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 21 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 885K, with most transactions falling within a stable range of RM 750K to RM 1.22 million, and a typical market range of RM 750K to RM 1.05 million.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 285, though individual units vary from RM 163 to RM 406 in the core range. The broader market spans RM 245.50 to RM 323.50, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 122) 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.

Area Location

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MAJIDEE PARK, Johor Bahru, Johor

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Transactions

4 properties found

Detached JLN GELAM
RM 1,600,000
5,581 sqft Nov 2022
RM 287.00 PSF
Double Storey Semi-D JLN BATAI
RM 750,000
2,660 sqft Oct 2022
RM 282.00 PSF
Double Storey Shop JLN GIAM
RM 880,000
1,800 sqft Oct 2022
RM 489.00 PSF
Detached JLN GELAM
RM 890,000
6,003 sqft Oct 2022
RM 148.00 PSF