MAJIDEE PARK

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.