Area Intelligence

MERIDIN SUITES RESIDENCE

2 properties
2024
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Median Price
RM 976,000
PSF: RM 838

Residential Market

Median Price

RM 1,222,000

IQR: RM 109
MAD: RM 42
RM 507 PSF 2.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 730,000

RM 1,168 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MERIDIN SUITES RESIDENCE in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 976K and a median price per square foot (PSF) of RM 838.

This area contains both residential and commercial properties. View 38 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 976K, with most transactions falling within a stable range of RM 730K to RM 1.22 million, and a typical market range of RM 894K to RM 1.06 million.

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

Price per square foot shows a median of RM 838, though individual units vary from RM 507 to RM 1,168 in the core range. The broader market spans RM 787.75 to RM 887.25, indicating diverse property characteristics. A wider spread (IQR: RM 99.50) and deviation (MAD: RM 331) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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MERIDIN SUITES RESIDENCE, Johor Bahru, Johor

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Transactions

2 properties found

Condo/Apartment
RM 1,222,000
2,411 sqft May 2024
RM 507.00 PSF
Shop/Retail Lot
RM 730,000
625 sqft Jan 2024
RM 1,168.00 PSF