Area Intelligence

MERIDIN SUITES RESIDENCE

12 properties
2023
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Median Price
RM 668,000
PSF: RM 619

Residential Market

Median Price

RM 668,000

IQR: RM 109
MAD: RM 42
RM 619 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 12 subsale transactions in 2023, with a median price of RM 668K and a median price per square foot (PSF) of RM 619.

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 668K, with most transactions falling within a stable range of RM 495K to RM 855K, and a typical market range of RM 586K to RM 750K.

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

For price per square foot, the median is RM 619, with most transactions between RM 580 and RM 657. The usual range is RM 568.75 to RM 668.25, showing that most units are priced quite close to each other. With an IQR of RM 99.50 and MAD of RM 38, 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.

Area Location

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MERIDIN SUITES RESIDENCE, Johor Bahru, Johor

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Transactions

12 properties grouped by size

900 sqft
1 units Condo/Apartment
RM 565,000
904 sqft · RM 625.00 PSF
Aug 2023
950 sqft
2 units Condo/Apartment
RM 495,000
969 sqft · RM 511.00 PSF
Nov 2023
RM 617,000
969 sqft · RM 637.00 PSF
Feb 2023
1,000 sqft
2 units Service Apartment
RM 626,000
990 sqft · RM 632.00 PSF
Aug 2023
RM 592,000
990 sqft · RM 598.00 PSF
Jul 2023
1,050 sqft
2 units Condo/Apartment
RM 665,000
1,066 sqft · RM 624.00 PSF
Jul 2023
RM 671,000
1,066 sqft · RM 630.00 PSF
Feb 2023
1,100 sqft
1 units Condo/Apartment
RM 686,000
1,119 sqft · RM 613.00 PSF
Apr 2023
1,150 sqft
1 units Condo/Apartment
RM 682,000
1,163 sqft · RM 587.00 PSF
Apr 2023
1,250 sqft
1 units Condo/Apartment
RM 785,000
1,227 sqft · RM 640.00 PSF
Mar 2023
1,950 sqft
1 units Condo/Apartment
RM 1,075,000
1,948 sqft · RM 552.00 PSF
Jan 2023
2,000 sqft
1 units Condo/Apartment
RM 1,131,000
1,991 sqft · RM 568.00 PSF
Apr 2023