THE PLATINO SERVICED APARTMENT

THE PLATINO SERVICED APARTMENT in Johor Bahru, Johor recorded 50 subsale transactions in 2023, with a median price of RM 592K and a median price per square foot (PSF) of RM 638.

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 592K, with most transactions falling within a stable range of RM 418K to RM 766K, and a typical market range of RM 444K to RM 740K.

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

Price per square foot shows a median of RM 638, though individual units vary from RM 504 to RM 771 in the core range. The broader market spans RM 531.25 to RM 743.75, indicating diverse property characteristics. The spread of RM 212.50 (IQR) and deviation of RM 133 (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. Moderate transaction volume may require patience when buying or selling.