RINI HOMES 7 (TMN MUTIARA RINI)

RINI HOMES 7 (TMN MUTIARA RINI) in Johor Bahru, Johor recorded 5 subsale transactions in 2022, with a median price of RM 497K and a median price per square foot (PSF) of RM 341.

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 497K, with most transactions falling within a stable range of RM 456K to RM 595K, and a typical market range of RM 456K to RM 643K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 341, with core pricing between RM 275 and RM 407. Market pricing typically extends from RM 267.50 to RM 414.50, reflecting moderate variation in unit pricing. The spread of RM 147.00 (IQR) and deviation of RM 66 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.