Area Intelligence

MAJIDEE PARK

13 properties
2024
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Median Price
RM 870,000
PSF: RM 186

Residential Market

Median Price

RM 935,000

IQR: RM 81
MAD: RM 36
RM 185 PSF 19.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 680,000

IQR: RM 3
MAD: RM 3
RM 494 PSF 0.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MAJIDEE PARK in Johor Bahru, Johor recorded 13 subsale transactions in 2024, with a median price of RM 870K and a median price per square foot (PSF) of RM 186.

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 870K, with most transactions falling within a stable range of RM 623K to RM 1.12 million, and a typical market range of RM 708K to RM 1.03 million.

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

Price per square foot shows a median of RM 186, though individual units vary from RM 83 to RM 289 in the core range. The broader market spans RM 147.00 to RM 225.00, indicating diverse property characteristics. A wider spread (IQR: RM 78.00) and deviation (MAD: RM 103) 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

13 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 680,000
JLN GIAM
1,378 sqft · RM 494.00 PSF
Jan 2024
2,800 sqft
1 units Double Storey Semi-D
RM 1,180,000
JLN BATAI
2,819 sqft · RM 419.00 PSF
Jul 2024
2,850 sqft
2 units Double Storey Semi-D
RM 570,000
JLN BATAI
2,858 sqft · RM 199.00 PSF
Jan 2024
RM 610,000
JLN BATAI
2,858 sqft · RM 213.00 PSF
Jan 2024
3,000 sqft
1 units Double Storey Semi-D
RM 580,000
JLN MERAWAN
3,004 sqft · RM 193.00 PSF
Feb 2024
3,300 sqft
1 units Double Storey Semi-D
RM 600,000
JLN GELAM
3,305 sqft · RM 182.00 PSF
May 2024
3,450 sqft
1 units Double Storey Semi-D
RM 870,000
JLN MERAWAN
3,446 sqft · RM 252.00 PSF
Aug 2024
5,600 sqft
1 units Detached
RM 1,000,000
JLN GIAM
5,595 sqft · RM 179.00 PSF
May 2024
5,650 sqft
1 units Detached
RM 1,050,000
JLN TERAP
5,649 sqft · RM 186.00 PSF
Jun 2024
6,000 sqft
1 units Detached
RM 750,000
JLN KAPOR
6,003 sqft · RM 125.00 PSF
Jan 2024
6,050 sqft
1 units Detached
RM 1,000,000
JLN KEMPAS
6,044 sqft · RM 165.00 PSF
Feb 2024
6,650 sqft
1 units Detached
RM 1,050,000
JLN SERAYA
6,670 sqft · RM 157.00 PSF
Aug 2024
7,400 sqft
1 units Detached
RM 1,350,000
JLN SERAYA
7,378 sqft · RM 183.00 PSF
Sep 2024