Area Intelligence

SKY TREE APARTMENT

2 properties
2023
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Median Price
RM 452,500
PSF: RM 745

Residential Market

Median Price

RM 452,500

IQR: RM 14
MAD: RM 6
RM 745 PSF 0.5%

PSF Trends (2021-2025)

SKY TREE APARTMENT in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 453K and a median price per square foot (PSF) of RM 745.

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 453K, with most transactions falling within a stable range of RM 450K to RM 455K, and a typical market range of RM 450K to RM 455K.

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

For price per square foot, the median is RM 745, with most transactions between RM 729 and RM 760. The usual range is RM 737.75 to RM 751.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SKY TREE APARTMENT, Johor Bahru, Johor

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Transactions

2 properties grouped by size

600 sqft
2 units Service Apartment
RM 450,000
592 sqft · RM 760.00 PSF
Jul 2023
RM 455,000
624 sqft · RM 729.00 PSF
Mar 2023