GLENMARIE HEIGHTS

GLENMARIE HEIGHTS in Johor Bahru, Johor recorded 15 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 333.

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 850K, with most transactions falling within a stable range of RM 638K to RM 1.39 million, and a typical market range of RM 638K to RM 1.09 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 333, though individual units vary from RM 262 to RM 404 in the core range. The broader market spans RM 291.88 to RM 374.13, indicating diverse property characteristics. The spread of RM 82.25 (IQR) and deviation of RM 71 (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.