SKY SUITES @ MELDRUM HILLS

SKY SUITES @ MELDRUM HILLS in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 370K and a median price per square foot (PSF) of RM 539.

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 370K, with most transactions falling within a stable range of RM 350K to RM 390K, and a typical market range of RM 350K to RM 390K.

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

Price per square foot shows a median of RM 539, though individual units vary from RM 406 to RM 671 in the core range. The broader market spans RM 490.50 to RM 586.50, indicating diverse property characteristics. The spread of RM 96.00 (IQR) and deviation of RM 133 (MAD) suggest moderate price variations reflecting different property features.

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.