PINES RESIDENCE APARTMENT

PINES RESIDENCE APARTMENT in Johor Bahru, Johor recorded 18 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 318.

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 330K, with most transactions falling within a stable range of RM 276K to RM 380K, and a typical market range of RM 305K to RM 355K.

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

The median PSF stands at RM 318, with core pricing between RM 258 and RM 377. Market pricing typically extends from RM 292.25 to RM 342.75, reflecting moderate variation in unit pricing. The spread of RM 50.50 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

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.