SOUTH KEY (LAKE FRONT)

SOUTH KEY (LAKE FRONT) in Johor Bahru, Johor recorded 2 subsale transactions in 2022, with a median price of RM 895K and a median price per square foot (PSF) of RM 195.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 895K, with most transactions falling within a stable range of RM 590K to RM 1.20 million, and a typical market range of RM 590K to RM 1.20 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 195, though individual units vary from RM 149 to RM 241 in the core range. The broader market spans RM 136.00 to RM 254.00, indicating diverse property characteristics. The spread of RM 118.00 (IQR) and deviation of RM 46 (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. Limited transaction history suggests carefully evaluating comparable sales data.