TROPEZ RESIDENCE

TROPEZ RESIDENCE in Johor Bahru, Johor recorded 19 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 597.

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 330K, with most transactions falling within a stable range of RM 253K to RM 487K, and a typical market range of RM 253K to RM 418K.

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

The median PSF stands at RM 597, with core pricing between RM 498 and RM 696. Market pricing typically extends from RM 533.38 to RM 660.63, reflecting moderate variation in unit pricing. The spread of RM 127.25 (IQR) and deviation of RM 99 (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.