Area Intelligence

PANGSAPURI PUTRA MEWAH

6 properties
2023
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Median Price
RM 481,000
PSF: RM 559

Residential Market

Median Price

RM 481,000

IQR: RM 286
MAD: RM 170
RM 559 PSF 11.2%

PSF Trends (2021-2025)

PANGSAPURI PUTRA MEWAH in Johor Bahru, Johor recorded 6 subsale transactions in 2023, with a median price of RM 481K and a median price per square foot (PSF) of RM 559.

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 481K, with most transactions falling within a stable range of RM 272K to RM 690K, and a typical market range of RM 397K to RM 565K.

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

Price per square foot shows a median of RM 559, though individual units vary from RM 391 to RM 727 in the core range. The broader market spans RM 416.00 to RM 702.00, indicating diverse property characteristics. A wider spread (IQR: RM 286.00) and deviation (MAD: RM 168) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PANGSAPURI PUTRA MEWAH, Johor Bahru, Johor

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Transactions

6 properties grouped by size

500 sqft
2 units Service Apartment
RM 448,000
517 sqft · RM 867.00 PSF
Mar 2023
RM 245,000
517 sqft · RM 474.00 PSF
Feb 2023
850 sqft
1 units Service Apartment
RM 603,000
829 sqft · RM 728.00 PSF
Jan 2023
1,150 sqft
2 units Service Apartment
RM 478,000
1,141 sqft · RM 419.00 PSF
Aug 2023
RM 484,000
1,141 sqft · RM 424.00 PSF
Mar 2023
1,450 sqft
1 units Service Apartment
RM 936,000
1,453 sqft · RM 644.00 PSF
Feb 2023