MARINA COVE

MARINA COVE in Johor Bahru, Johor recorded 62 subsale transactions in 2022, with a median price of RM 655K and a median price per square foot (PSF) of RM 699.

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 655K, with most transactions falling within a stable range of RM 504K to RM 806K, and a typical market range of RM 573K to RM 737K.

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

The median PSF stands at RM 699, with core pricing between RM 562 and RM 836. Market pricing typically extends from RM 651.38 to RM 746.63, reflecting moderate variation in unit pricing. The spread of RM 95.25 (IQR) and deviation of RM 137 (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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.