SKY SUITES @ MELDRUM HILLS

SKY SUITES @ MELDRUM HILLS in Johor Bahru, Johor recorded 16 subsale transactions in 2023, with a median price of RM 575K and a median price per square foot (PSF) of RM 684.

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 575K, with most transactions falling within a stable range of RM 458K to RM 692K, and a typical market range of RM 486K to RM 664K.

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

For price per square foot, the median is RM 684, with most transactions between RM 619 and RM 748. The usual range is RM 635.50 to RM 731.50, showing that most units are priced quite close to each other. With an IQR of RM 96.00 and MAD of RM 65, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.