PropMedian Data Research

LARKIN IDAMAN Transaction Price & PSF

LARKIN IDAMAN Serviced Apartment Residential Property Market | residential | Data through June 2024

Transactions
59
Property types
1
Data period
October 2021 - June 2024

This market article examines the residential Serviced Apartment segment within the LARKIN IDAMAN scheme, located in Bandar Johor Bahru, Johor. The aim is to explain how to interpret the transaction data and the scheme data without asserting future movements or giving guarantees.

Market overview

The processed market profile shows activity concentrated within the LARKIN IDAMAN scheme in Bandar Johor Bahru, Johor Bahru district, within the residential segment. The Serviced Apartment category is identified as the prevailing property type in this scope. The data structure supports side by side comparisons across property categories, while emphasising that distinct market segments should be evaluated separately to avoid apples to oranges interpretations.

Property type benchmarks

The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.

Serviced Apartment

Transactions
59
Median price
RM400,000
Median parcel area
915 sqft
Median parcel PSF
RM407.04 psf
Parcel PSF coverage
71.2%

Within the residential segment, this category represents a defined market group under the LARKIN IDAMAN scheme. It shows a distinct cluster of activity within Bandar Johor Bahru, and readers should treat it as a separate market with its own patterns rather than extrapolating from other property types.

How to interpret this market

Readers can use transaction benchmarks as a contextual reference when evaluating a property, recognizing that individual characteristics such as location within the scheme and unit features can lead to differences from the benchmark. It is helpful to compare like with like by property type and by scheme or district, rather than mixing across different market segments.

Explore the underlying market

View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.

View Johor Bahru property data

Frequently asked questions

What area does this article cover?

The article focuses on the residential Serviced Apartment market within the LARKIN IDAMAN scheme in Bandar Johor Bahru, Johor.

How should I use the benchmarks?

Use benchmarks as a contextual guide for understanding typical patterns in this segment; they do not determine value for any single property.

Is the data a forecast?

The data reflect past and present transaction activity for this segment and should not be used to predict future price movements.

Summary

Readers are encouraged to compare the Serviced Apartment category with other property types in the same market and to reference transaction benchmarks to understand relative positioning, while avoiding assumptions about appreciation or guarantees.

You might also like

Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

LARKIN IDAMAN Price & PSF | PropMedian