PARADISO NUOVA

PARADISO NUOVA in Johor Bahru, Johor recorded 4 subsale transactions in 2022, with a median price of RM 499K and a median price per square foot (PSF) of RM 599.

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 499K, with most transactions falling within a stable range of RM 450K to RM 808K, and a typical market range of RM 450K to RM 656K.

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

Price per square foot shows a median of RM 599, though individual units vary from RM 322 to RM 876 in the core range. The broader market spans RM 543.00 to RM 655.00, indicating diverse property characteristics. A wider spread (IQR: RM 112.00) and deviation (MAD: RM 277) indicate significant PSF variations, likely due to diverse property types or conditions.

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.