WATER EDGE APARTMENT

WATER EDGE APARTMENT in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 593.

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 600K, with most transactions falling within a stable range of RM 530K to RM 809K, and a typical market range of RM 537K to RM 663K.

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

For price per square foot, the median is RM 593, with most transactions between RM 544 and RM 642. The usual range is RM 567.00 to RM 619.00, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 49, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.