POLO PARK

POLO PARK in Johor Bahru, Johor recorded 16 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 276.

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 335K, with most transactions falling within a stable range of RM 265K to RM 400K, and a typical market range of RM 298K to RM 373K.

Most transactions involved town house, though some variety exists in the market.

The median PSF stands at RM 276, with core pricing between RM 230 and RM 321. Market pricing typically extends from RM 248.75 to RM 302.25, reflecting moderate variation in unit pricing. The spread of RM 53.50 (IQR) and deviation of RM 45 (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. Limited transaction history suggests carefully evaluating comparable sales data.