PARAGON SUITES @ CIQ

PARAGON SUITES @ CIQ in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 934K and a median price per square foot (PSF) of RM 713.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 934K, with most transactions falling within a stable range of RM 766K to RM 1.10 million, and a typical market range of RM 766K to RM 1.10 million.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 713, with most transactions between RM 650 and RM 775. The usual range is RM 664.00 to RM 761.00, showing that most units are priced quite close to each other. With an IQR of RM 97.00 and MAD of RM 63, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.