PANDAN RESIDENCES

PANDAN RESIDENCES in Johor Bahru, Johor recorded 17 subsale transactions in 2022, with a median price of RM 400K and a median price per square foot (PSF) of RM 430.

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 400K, with most transactions falling within a stable range of RM 346K to RM 454K, and a typical market range of RM 338K to RM 462K.

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

The median PSF stands at RM 430, with core pricing between RM 362 and RM 498. Market pricing typically extends from RM 399.50 to RM 460.50, reflecting moderate variation in unit pricing. The spread of RM 61.00 (IQR) and deviation of RM 68 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.