ECONEST (RESIDENSI EKO)

ECONEST (RESIDENSI EKO) in Johor Bahru, Johor recorded 11 subsale transactions in 2023, with a median price of RM 715K and a median price per square foot (PSF) of RM 737.

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 715K, with most transactions falling within a stable range of RM 521K to RM 909K, and a typical market range of RM 564K to RM 866K.

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

Price per square foot shows a median of RM 737, though individual units vary from RM 574 to RM 900 in the core range. The broader market spans RM 644.38 to RM 829.63, indicating diverse property characteristics. The spread of RM 185.25 (IQR) and deviation of RM 163 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.