KEMPAS LURAH

KEMPAS LURAH in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 109.

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 550K, with most transactions falling within a stable range of RM 400K to RM 700K, and a typical market range of RM 480K to RM 620K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 109, though individual units vary from RM 82 to RM 135 in the core range. The broader market spans RM 94.50 to RM 122.50, indicating diverse property characteristics. The spread of RM 28.00 (IQR) and deviation of RM 27 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.