PropMedian transaction data

HORIZON RESIDENCE @ BUKIT INDAH Transaction Price & PSF

HORIZON RESIDENCE @ BUKIT INDAH · Condominium/Apartment · Johor Bahru · Johor · Data through August 2024

Median price
RM470,000
Median Parcel PSF
RM424.47 psf87.5% usable coverage
Transactions
32
Data period
August 2024From January 2021

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

This market snapshot analyzes the residential segment for HORIZON RESIDENCE @ BUKIT INDAH, focusing on Condominium/Apartment transactions in Johor. The aim is to explain how to read the scheme data and transaction benchmarks without implying future price movements or investment outcomes.

Market overview

In this residential snapshot, activity is concentrated around the Horizon Residence scheme in Johor Bahru, with Pulai as the leading mukim. The Condominium/Apartment category dominates the dataset for this scheme. While the figures in the dataset detail historical activity, the narrative remains cautious, emphasizing the scheme as the focal submarket and encouraging readers to compare it with other property types in a separate analysis.

Property transaction benchmark

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

Condominium/Apartment

Transactions
32
Median price
RM470,000
Median parcel area
1,044 sqft
Median Parcel PSF
RM424.47 psf
PSF coverage
87.5%

Condominium/Apartment is the primary category in this residential snapshot, aligning with Horizon Residence @ Bukit Indah as the top scheme in the dataset.

How to interpret this market

Readers can use transaction benchmarks as a relative guide to understand price dispersion and activity patterns across comparable properties. It is important to recognise that individual properties may differ in features and conditions, so benchmarks should guide expectations rather than predict exact outcomes.

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Frequently asked questions

What property type is represented for Horizon Residence @ Bukit Indah in this dataset?

Condominium/Apartment is the listed property type for this residential segment, as reflected in the dataset.

Which submarkets are highlighted in the snapshot?

Johor Bahru is identified as the dominant district and Pulai as the leading mukim in the dataset for this scheme.

How should I use the transaction benchmarks provided here?

Use transaction benchmarks as a cautious reference to understand relative price spread and activity, while acknowledging that a specific property may differ in features.

Summary

Overall, readers should compare the Condominium/Apartment category separately from other property types and use transaction benchmarks to assess the relative position of Horizon Residence @ Bukit Indah within the residential market context. Do not rely on benchmarks alone to predict outcomes for any individual property.

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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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HORIZON RESIDENCE @ BUKIT INDAH Price & PSF | PropMedian