MOLEK REGENCY SERVICE APARTMENT

MOLEK REGENCY SERVICE APARTMENT in Johor Bahru, Johor recorded 36 subsale transactions in 2022, with a median price of RM 490K and a median price per square foot (PSF) of RM 509.

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 490K, with most transactions falling within a stable range of RM 313K to RM 667K, and a typical market range of RM 310K to RM 679K.

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

Price per square foot shows a median of RM 509, though individual units vary from RM 398 to RM 619 in the core range. The broader market spans RM 477.25 to RM 539.75, indicating diverse property characteristics. The spread of RM 62.50 (IQR) and deviation of RM 110 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.