Area Intelligence

SOUTHERN MARINA RESIDENCE

8 properties
2024
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Median Price
RM 1,025,000
PSF: RM 794

Residential Market

Median Price

RM 1,050,000

IQR: RM 229
MAD: RM 38
RM 794 PSF 1.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 520,000

RM 383 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SOUTHERN MARINA RESIDENCE in Johor Bahru, Johor recorded 8 subsale transactions in 2024, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 794.

This area contains both residential and commercial properties. View 13 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 1.03 million, with most transactions falling within a stable range of RM 549K to RM 1.50 million, and a typical market range of RM 651K to RM 1.40 million.

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

Price per square foot shows a median of RM 794, though individual units vary from RM 610 to RM 978 in the core range. The broader market spans RM 668.25 to RM 919.75, indicating diverse property characteristics. The spread of RM 251.50 (IQR) and deviation of RM 184 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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SOUTHERN MARINA RESIDENCE, Johor Bahru, Johor

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Transactions

8 properties grouped by size

500 sqft
1 units Service Apartment
RM 280,000
495 sqft · RM 565.00 PSF
Jan 2024
1,250 sqft
2 units Service Apartment
RM 1,000,000
1,260 sqft · RM 794.00 PSF
Aug 2024
RM 1,000,000
1,260 sqft · RM 794.00 PSF
Jun 2024
1,300 sqft
3 units Service Apartment
RM 1,230,000
1,324 sqft · RM 929.00 PSF
Aug 2024
RM 1,100,000
1,324 sqft · RM 831.00 PSF
Mar 2024
RM 1,050,000
1,324 sqft · RM 793.00 PSF
Feb 2024
1,350 sqft
1 units Shop/Retail Lot
RM 520,000
1,356 sqft · RM 383.00 PSF
Feb 2024
2,000 sqft
1 units Service Apartment
RM 2,000,000
2,013 sqft · RM 993.00 PSF
Jul 2024