INSPIRA BESTARI Transaction Price & PSF
INSPIRA BESTARI Serviced Apartment Residential Property Market | residential | Data through July 2024
This article examines INSPIRA BESTARI Serviced Apartment within the residential market, using the latest market snapshot to explain how transaction data should be interpreted.
Market overview
The residential market for Serviced Apartment within INSPIRA BESTARI shows a focused pattern of activity in the Johor Bahru district, specifically Pulai mukim. The top scheme and the top submarket share a common narrative, indicating that buyers and sellers have engaged more frequently around this scheme. The data highlight that activity concentrates in INSPIRA BESTARI and within this district and mukim, suggesting a localized focus rather than a uniform spread across all schemes or districts. The dataset shows recurring engagement over the covered years, without asserting specific price trajectories.
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 the residential segment, Serviced Apartment is the highlighted category within INSPIRA BESTARI. Activity centers on this property type in Johor Bahru and Pulai, making it the reference category when interpreting demand and market movement for this scheme.
How to interpret this market
Readers can use transaction benchmarks as a baseline for comparing how the market is behaving at the scheme and submarket level. Remember that individual properties may differ in location, features, and condition, so outcomes will vary even when the benchmark context is similar.
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 does this market snapshot indicate about INSPIRA BESTARI within the residential Serviced Apartment segment?
The data point to a concentration of activity around INSPIRA BESTARI in Johor Bahru and Pulai for the Serviced Apartment category, without making claims about future price movements.
Should readers compare Serviced Apartment with other property types?
Yes. Different property categories should be compared separately because each category can show distinct patterns in transaction activity and market dynamics.
How should buyers use the transaction benchmarks?
Transaction benchmarks describe observed market activity and help interpret the level of activity at the scheme level, but they do not guarantee outcomes for a specific property.
Summary
Readers are encouraged to compare property types and interpret benchmarks with caution, recognising that scheme data provide context without predicting appreciation or investment results.
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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%.