Area Intelligence

PELITA INDAH KONDOMINIUM

4 properties
2023
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Median Price
RM 367,500
PSF: RM 225

Residential Market

Median Price

RM 367,500

IQR: RM 52
MAD: RM 26
RM 225 PSF 5.9%

PSF Trends (2021-2025)

PELITA INDAH KONDOMINIUM in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 368K and a median price per square foot (PSF) of RM 225.

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 368K, with most transactions falling within a stable range of RM 350K to RM 491K, and a typical market range of RM 350K to RM 409K.

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

Price per square foot shows a median of RM 225, though individual units vary from RM 118 to RM 331 in the core range. The broader market spans RM 198.75 to RM 250.25, indicating diverse property characteristics. A wider spread (IQR: RM 51.50) and deviation (MAD: RM 106) 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

4 properties grouped by size

1,400 sqft
1 units Condo/Apartment
RM 645,000
1,410 sqft · RM 457.00 PSF
Mar 2023
1,650 sqft
2 units Condo/Apartment
RM 355,000
1,636 sqft · RM 217.00 PSF
Jul 2023
RM 380,000
1,636 sqft · RM 232.00 PSF
Apr 2023
1,800 sqft
1 units Condo/Apartment
RM 350,000
1,819 sqft · RM 192.00 PSF
Oct 2023