PropMedian transaction data

MERIDIN BAYVUE SERVICED APARTMENT Transaction Price & PSF

MERIDIN BAYVUE SERVICED APARTMENT · Serviced Apartment · Johor Bahru · Johor · Data through May 2026

Median price
RM466,000
Median Parcel PSF
RM392.26 psf69.6% usable coverage
Transactions
79
Data period
May 2026From May 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This market analysis focuses on the residential segment for MERIDIN BAYVUE SERVICED APARTMENT, using trusted transaction data to explain how benchmarks should be read and interpreted without drawing unsupported conclusions.

Market overview

Within the residential transactions associated with this scheme, the data shows a clear emphasis on Serviced Apartment activity in Johor Bahru, with the Plentong mukim identified as the primary submarket in the sample. The pattern suggests this scheme remains a central reference point for buyers observing the district, while acknowledging that activity levels can vary over time and by context.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Serviced Apartment

Transactions
79
Median price
RM466,000
Median parcel area
1,259 sqft
Median Parcel PSF
RM392.26 psf
PSF coverage
69.6%

Within the residential segment, this property type demonstrates a defined presence in the dataset and appears as a focal product class for the scheme. The category is represented as the most active within the sample, reflecting ongoing interest in Serviced Apartment offerings in the Johor Bahru area. This interpretation supports viewing this property type as a distinct category when assessing market behavior under this scheme and in related precincts.

How to interpret this market

Readers can use transaction benchmarks as a contextual guide while recognizing that a specific property may differ in size, condition or features. Benchmarks provide a frame for evaluating relative position rather than a precise outcome for any single transaction.

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Frequently asked questions

What does the transaction benchmark convey about this scheme?

The benchmark reflects observed activity within the residential market for MERIDIN BAYVUE SERVICED APARTMENT and should be treated as a directional reference rather than a guarantee.

Should I compare Serviced Apartment with other property types separately?

Yes, benchmarks are category specific and should be compared within each property type rather than mixing categories.

Can this dataset be used to predict future price movements?

The dataset describes historical transactions and does not provide projections or guarantees about future prices.

Summary

To interpret this market, compare property types separately and use benchmarks within each category to inform understanding, while avoiding overreliance on any single figure.

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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%.

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