MENARA SARAWAK

MENARA SARAWAK in Johor Bahru, Johor recorded 59 subsale transactions in 2024, with a median price of RM 880K and a median price per square foot (PSF) of RM 250.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 880K, with most transactions falling within a stable range of RM 335K to RM 1.42 million, and a typical market range of RM 646K to RM 1.11 million.

Most transactions involved office lot, with minimal variety in property types.

For price per square foot, the median is RM 250, with most transactions between RM 250 and RM 250. The usual range is RM 250.00 to RM 250.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.