BUKIT LENANG RESORT HOMES

BUKIT LENANG RESORT HOMES in Johor Bahru, Johor recorded 32 subsale transactions in 2023, with a median price of RM 2.33 million and a median price per square foot (PSF) of RM 437.

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 2.33 million, with most transactions falling within a stable range of RM 1.66 million to RM 3.00 million, and a typical market range of RM 1.94 million to RM 2.72 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 437, though individual units vary from RM 324 to RM 550 in the core range. The broader market spans RM 383.50 to RM 490.50, indicating diverse property characteristics. A wider spread (IQR: RM 107.00) and deviation (MAD: RM 113) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.