RUMAH RAKYAT SEDC

RUMAH RAKYAT SEDC in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 465K and a median price per square foot (PSF) of RM 277.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 430K to RM 500K, and a typical market range of RM 440K to RM 490K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 277, with most transactions between RM 256 and RM 298. The usual range is RM 262.00 to RM 292.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 21 indicate a highly stable PSF trend across properties.

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.