PropMedian transaction data

PARC REGENCY Transaction Price & PSF

PARC REGENCY · Serviced Apartment · Johor Bahru · Johor · Data through March 2024

Median price
RM330,000
Median Floor PSF
Not available0.0% usable coverage · 0 of 64 transactions
Transactions
64
Data period
March 2024From July 2021

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

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.

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.

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Frequently 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.

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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