RUMAH PANGSA SERANTAU BARU

RUMAH PANGSA SERANTAU BARU in Johor Bahru, Johor recorded 4 subsale transactions in 2022, with a median price of RM 115K and a median price per square foot (PSF) of RM 173.

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 115K, with most transactions falling within a stable range of RM 104K to RM 126K, and a typical market range of RM 100K to RM 130K.

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 173, with most transactions between RM 156 and RM 189. The usual range is RM 144.38 to RM 200.63, showing that most units are priced quite close to each other. With an IQR of RM 56.25 and MAD of RM 17, 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.