MAJIDEE PARK

MAJIDEE PARK in Johor Bahru, Johor recorded 6 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 223.

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 750K, with most transactions falling within a stable range of RM 700K to RM 1.05 million, and a typical market range of RM 700K to RM 913K.

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

Price per square foot shows a median of RM 223, though individual units vary from RM 174 to RM 271 in the core range. The broader market spans RM 183.50 to RM 261.50, indicating diverse property characteristics. The spread of RM 78.00 (IQR) and deviation of RM 48 (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.