THE PLATINO SERVICED APARTMENT

THE PLATINO SERVICED APARTMENT in Johor Bahru, Johor recorded 39 subsale transactions in 2021, with a median price of RM 533K and a median price per square foot (PSF) of RM 649.

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 533K, with most transactions falling within a stable range of RM 377K to RM 689K, and a typical market range of RM 385K to RM 681K.

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

Price per square foot shows a median of RM 649, though individual units vary from RM 473 to RM 825 in the core range. The broader market spans RM 542.75 to RM 755.25, indicating diverse property characteristics. A wider spread (IQR: RM 212.50) and deviation (MAD: RM 176) 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. Moderate transaction volume may require patience when buying or selling.