PARC REGENCY Transaction Price & PSF
PARC REGENCY Serviced Apartment Residential Property Market | residential | Data through March 2024
This market article reviews the residential segment for PARC REGENCY, focusing on the Serviced Apartment category. The purpose is to explain transaction benchmarks and how readers can interpret the scheme data without making unsupported demand, appreciation or investment claims.
Market overview
The snapshot shows that activity within PARC REGENCY, in the Serviced Apartment category, is prominent in the Johor Bahru district and the Plentong mukim. In this dataset, the Serviced Apartment property type within the scheme emerges as the leading residential submarket by transaction activity. The information highlights how price distribution plays out across the main submarkets while underscoring that different property categories should be compared separately to avoid misleading conclusions. The data spans multiple years, indicating fluctuations in activity over time, without providing a forecast about future movements.
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
In this residential snapshot, Serviced Apartment is the dominant property type by transaction activity within PARC REGENCY, Johor Bahru. Interpreting this category suggests a concentration of activity around this scheme and property type, which helps frame how the broader market moves within the dataset. Always compare Serviced Apartment data with other property types when forming a view of the residential market.
How to interpret this market
Readers can use transaction benchmarks as reference points to understand market patterns at scale, while recognising that an individual property may differ in location, layout or condition. Benchmarks reflect market size and activity rather than guarantees of outcome. When evaluating a potential purchase, compare within the Serviced Apartment category and with other property types, and consider scheme level data as context.
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 dataFrequently asked questions
What is the transaction benchmark used in this report?
The transaction benchmark summarises typical price and activity patterns drawn from the dataset for the residential segment within PARC REGENCY. It is intended as a reference point and not a valuation or investment guarantee.
Where did most activity occur in this snapshot?
Within the PARC REGENCY scheme in the Serviced Apartment category, in the Johor Bahru district and Plentong mukim.
How should I compare different property types?
Always compare within the same segment and property type, as data characteristics and market dynamics differ across categories.
Summary
Readers are encouraged to compare property types separately and use transaction benchmarks to contextualise the market, while avoiding claims about future prices or investment outcomes. The dataset points to where activity concentrates and clarifies how to interpret the information for informed decisions.
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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%.