SAPPHIRE 8

SAPPHIRE 8 in Johor Bahru, Johor recorded 8 subsale transactions in 2022, with a median price of RM 633K and a median price per square foot (PSF) of RM 374.

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 633K, with most transactions falling within a stable range of RM 570K to RM 740K, and a typical market range of RM 570K to RM 713K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 374, with core pricing between RM 327 and RM 420. Market pricing typically extends from RM 336.38 to RM 410.63, reflecting moderate variation in unit pricing. With an IQR of RM 74.25 and MAD of RM 47, 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. Limited transaction history suggests carefully evaluating comparable sales data.