Area Intelligence

PELITA INDAH KONDOMINIUM

3 properties
2022
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Median Price
RM 350,000
PSF: RM 245

Residential Market

Median Price

RM 350,000

IQR: RM 52
MAD: RM 26
RM 245 PSF 5.9%

PSF Trends (2021-2025)

PELITA INDAH KONDOMINIUM in Johor Bahru, Johor recorded 3 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 245.

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 350K, with most transactions falling within a stable range of RM 340K to RM 594K, and a typical market range of RM 340K to RM 391K.

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

Price per square foot shows a median of RM 245, though individual units vary from RM 69 to RM 421 in the core range. The broader market spans RM 219.25 to RM 270.75, indicating diverse property characteristics. A wider spread (IQR: RM 51.50) and deviation (MAD: RM 176) 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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PELITA INDAH KONDOMINIUM, Johor Bahru, Johor

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Transactions

3 properties grouped by size

1,400 sqft
2 units Condo/Apartment
RM 340,000
1,389 sqft · RM 245.00 PSF
Mar 2022
RM 862,000
1,410 sqft · RM 611.00 PSF
Mar 2022
1,550 sqft
1 units Condo/Apartment
RM 350,000
1,528 sqft · RM 229.00 PSF
Sep 2022