PropMedian Data Research

FOREST CITY Transaction Price & PSF

FOREST CITY Serviced Apartment Residential Property Market | residential | Data through June 2026

Transactions
30
Property types
1
Data period
March 2022 - June 2026

FOREST CITY Serviced Apartment in Johor is a residential market segment. This article uses the supplied transaction data to explain how buyers can interpret the transaction benchmarks and approach scheme data without claiming price directions or investment outcomes.

Market overview

Within the residential segment, the FOREST CITY scheme is a major focus for Serviced Apartment transactions. The data identify Johor Bahru as the primary district and Tanjung Kupang as the main mukim for activity, with FOREST CITY as the dominant scheme. There is a visible spread in price examples, reflecting a mix of unit types and configurations, and transaction activity has varied across years, with some periods showing more activity than others year by year. The market shows distinct submarkets that should be compared separately rather than lumped together.

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
30
Median price
RM330,000
Median parcel area
517 sqft
Median parcel PSF
RM541.93 psf
Parcel PSF coverage
93.3%

The Serviced Apartment category is the central focus within the FOREST CITY residential market in the data. Buyers comparing this category should consider the specific submarket within FOREST CITY, noting that transactions reflect a mix of unit configurations within the scheme.

How to interpret this market

Readers can use the transaction benchmarks as a contextual guide to gauge how a specific property may fit within the broader pattern. Recognise that individual properties differ in attributes such as location within the scheme and unit type. It is useful to compare by property type and by submarket, rather than comparing across unrelated categories, to form a more grounded understanding.

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 does the FOREST CITY market indicate about Serviced Apartment transactions?

The data show that transactions within the Serviced Apartment segment are concentrated within the FOREST CITY scheme, with activity more evident in the identified district and mukim. Interpretations should be based on the supplied data and avoid extrapolation.

How should I compare benchmarks across property types?

Compare within the same property type and, where possible, by submarket or scheme. Do not mix different property types when assessing benchmarks.

Can these figures forecast future prices?

The figures reflect historical transaction data and are not a guarantee of future price movements.

Summary

Readers should compare property types separately and use transaction benchmarks to form a cautious understanding of the market. Individual properties may differ, so use benchmarks as context rather than a single expectation.

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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%.

FOREST CITY Price & PSF | PropMedian