MARINA COVE

MARINA COVE in Johor Bahru, Johor recorded 174 subsale transactions in 2023, with a median price of RM 636K and a median price per square foot (PSF) of RM 715.

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 636K, with most transactions falling within a stable range of RM 469K to RM 803K, and a typical market range of RM 554K to RM 718K.

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

The median PSF stands at RM 715, with core pricing between RM 620 and RM 810. Market pricing typically extends from RM 667.38 to RM 762.63, reflecting moderate variation in unit pricing. With an IQR of RM 95.25 and MAD of RM 95, the PSF demonstrates reasonable consistency across the market.

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. Steady transaction activity supports reliable market pricing.