PURI RESIDENCES

PURI RESIDENCES in Johor Bahru, Johor recorded 16 subsale transactions in 2021, with a median price of RM 534K and a median price per square foot (PSF) of RM 445.

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 534K, with most transactions falling within a stable range of RM 511K to RM 557K, and a typical market range of RM 518K to RM 550K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 445, with most transactions between RM 426 and RM 464. The usual range is RM 431.50 to RM 458.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.