PARAGON SUITES @ CIQ

PARAGON SUITES @ CIQ in Johor Bahru, Johor recorded 12 subsale transactions in 2024, with a median price of RM 850K and a median price per square foot (PSF) of RM 707.

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 850K, with most transactions falling within a stable range of RM 635K to RM 1.06 million, and a typical market range of RM 657K to RM 1.04 million.

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

The median PSF stands at RM 707, with core pricing between RM 615 and RM 798. Market pricing typically extends from RM 658.00 to RM 755.00, reflecting moderate variation in unit pricing. With an IQR of RM 97.00 and MAD of RM 92, the PSF demonstrates reasonable consistency across the market.

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.