GRAND MEDINI

GRAND MEDINI in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 410K and a median price per square foot (PSF) of RM 749.

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 410K, with most transactions falling within a stable range of RM 371K to RM 585K, and a typical market range of RM 380K to RM 441K.

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

For price per square foot, the median is RM 749, with most transactions between RM 675 and RM 823. The usual range is RM 706.50 to RM 791.50, showing that most units are priced quite close to each other. With an IQR of RM 85.00 and MAD of RM 74, 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.