Area Intelligence

TROPEZ RESIDENCE

19 properties
2024
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Median Price
RM 420,000
PSF: RM 573

Residential Market

Median Price

RM 420,000

IQR: RM 127
MAD: RM 63
RM 573 PSF 17.5%

PSF Trends (2021-2025)

TROPEZ RESIDENCE in Johor Bahru, Johor recorded 19 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 573.

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 420K, with most transactions falling within a stable range of RM 301K to RM 539K, and a typical market range of RM 332K to RM 508K.

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

The median PSF stands at RM 573, with core pricing between RM 477 and RM 669. Market pricing typically extends from RM 509.38 to RM 636.63, reflecting moderate variation in unit pricing. The spread of RM 127.25 (IQR) and deviation of RM 96 (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.

Area Location

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TROPEZ RESIDENCE, Johor Bahru, Johor

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Transactions

19 properties grouped by size

450 sqft
3 units Service Apartment
RM 320,000
452 sqft · RM 708.00 PSF
Jul 2024
RM 350,000
452 sqft · RM 774.00 PSF
Jul 2024
RM 268,000
452 sqft · RM 593.00 PSF
May 2024
650 sqft
1 units Service Apartment
RM 414,000
635 sqft · RM 652.00 PSF
May 2024
700 sqft
5 units Service Apartment
RM 400,000
678 sqft · RM 590.00 PSF
Nov 2024
RM 380,000
678 sqft · RM 560.00 PSF
Jul 2024
RM 360,000
678 sqft · RM 531.00 PSF
Jul 2024
RM 390,000
678 sqft · RM 575.00 PSF
Jul 2024
RM 400,000
678 sqft · RM 590.00 PSF
Jan 2024
950 sqft
5 units Service Apartment
RM 550,000
926 sqft · RM 594.00 PSF
Sep 2024
RM 420,000
926 sqft · RM 454.00 PSF
Jul 2024
RM 530,000
926 sqft · RM 573.00 PSF
Jun 2024
RM 470,000
926 sqft · RM 508.00 PSF
Jun 2024
RM 500,000
926 sqft · RM 540.00 PSF
May 2024
1,000 sqft
1 units Service Apartment
RM 450,000
980 sqft · RM 459.00 PSF
Aug 2024
1,150 sqft
2 units Service Apartment
RM 505,000
1,152 sqft · RM 438.00 PSF
Sep 2024
RM 700,000
1,163 sqft · RM 602.00 PSF
Sep 2024
1,550 sqft
1 units Service Apartment
RM 750,000
1,572 sqft · RM 477.00 PSF
Jan 2024
1,650 sqft
1 units Service Apartment
RM 560,000
1,625 sqft · RM 345.00 PSF
Sep 2024