HORIZON RESIDENCE @ BUKIT INDAH

HORIZON RESIDENCE @ BUKIT INDAH in Johor Bahru, Johor recorded 17 subsale transactions in 2023, with a median price of RM 510K and a median price per square foot (PSF) of RM 431.

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 510K, with most transactions falling within a stable range of RM 392K to RM 730K, and a typical market range of RM 392K to RM 706K.

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

For price per square foot, the median is RM 431, with most transactions between RM 396 and RM 466. The usual range is RM 411.50 to RM 450.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.00 and an average deviation (MAD) of RM 35 indicate a highly stable PSF trend across properties.

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.