PropMedian transaction data

INSPIRA BESTARI Transaction Price & PSF

INSPIRA BESTARI · Serviced Apartment · Johor Bahru · Johor · Data through July 2024

Median price
RM450,000
Median Floor PSF
Not available0.0% usable coverage · 0 of 35 transactions
Transactions
35
Data period
July 2024From September 2021

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

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.

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.

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Frequently 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.

Floor PSF is the median of valid transaction-level floor PSF values using main floor area, not median price divided by median floor area.

Unavailable measurements are not estimated or inferred.

Floor PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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