TRI TOWER RESIDENCE

TRI TOWER RESIDENCE in Johor Bahru, Johor recorded 27 subsale transactions in 2023, with a median price of RM 1.12 million and a median price per square foot (PSF) of RM 838.

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 1.12 million, with most transactions falling within a stable range of RM 1.04 million to RM 1.19 million, and a typical market range of RM 1.06 million to RM 1.17 million.

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

The median PSF stands at RM 838, with core pricing between RM 709 and RM 967. Market pricing typically extends from RM 825.63 to RM 850.38, reflecting moderate variation in unit pricing. The spread of RM 24.75 (IQR) and deviation of RM 129 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.