FOREST CITY
Residential Market
Median Price
RM 483,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
18 properties
Median Price
RM 506,750
-7.6% CAGR
Median PSF
RM 870.50
-10.8% CAGR
Condo/Apartment
1 properties
Median Price
RM 1,927,000
Median PSF
RM 1,041.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Service Apartment | 18 |
RM 506,750
±85K MAD
|
-7.56% |
RM 870.50
±173 MAD
|
-10.78% | |
Condo/Apartment | 1 |
RM 1,927,000
|
- |
RM 1,041.00
|
- |
FOREST CITY in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 484K and a median price per square foot (PSF) of RM 892.
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 484K, with most transactions falling within a stable range of RM 264K to RM 703K, and a typical market range of RM 297K to RM 670K.
Most transactions involved service apartment, with minimal variety in property types.
Price per square foot shows a median of RM 892, though individual units vary from RM 507 to RM 1,276 in the core range. The broader market spans RM 587.75 to RM 1,195.25, indicating diverse property characteristics. A wider spread (IQR: RM 607.50) and deviation (MAD: RM 384) 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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 230,000
|
RM 445.00
|
517 sqft
|
Oct 2023
|
||
RM 647,000
|
RM 1,252.00
|
517 sqft
|
May 2023
|
RM 757,000
|
RM 1,256.00
|
603 sqft
|
Sep 2023
|
||
RM 320,000
|
RM 531.00
|
603 sqft
|
Sep 2023
|