HORIZON RESIDENCE @ BUKIT INDAH

HORIZON RESIDENCE @ BUKIT INDAH in Johor Bahru, Johor recorded 16 subsale transactions in 2022, with a median price of RM 475K and a median price per square foot (PSF) of RM 426.

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 475K, with most transactions falling within a stable range of RM 370K to RM 684K, and a typical market range of RM 370K to RM 671K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 426, with core pricing between RM 364 and RM 488. Market pricing typically extends from RM 406.50 to RM 445.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 62, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.