PARC REGENCY

PARC REGENCY in Johor Bahru, Johor recorded 36 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 432.

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 330K, with most transactions falling within a stable range of RM 260K to RM 400K, and a typical market range of RM 289K to RM 371K.

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

The median PSF stands at RM 432, with core pricing between RM 379 and RM 485. Market pricing typically extends from RM 403.00 to RM 461.00, reflecting moderate variation in unit pricing. With an IQR of RM 58.00 and MAD of RM 53, 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. Moderate transaction volume may require patience when buying or selling.