Johor Bahru, Johor · Freehold · 5 transactions
Median Price
RM410K
RM405K – RM430K
Median PSF
RM412
RM408 – RM476
Transactions
5
2021-11 to 2023-10
Size Range
861 – 1055
sq.ft (built-up)
Data-driven insights for SKY GARDENS RESIDENCES
Earliest PSF (2021)
RM476
Current PSF (2023)
RM523
Capital Gain
+9.8%
Total Return (est.)
9.4% p.a.
| Capital appreciation (2 years) | +9.8% |
| Annualised capital return | +4.9% p.a. |
| Est. gross rental yield | 4.5% p.a. |
| Est. total return (capital + rental) | 9.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +11.8% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Johor district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 3 | RM410K | RM476 |
| 1,050 sqft | 2 | RM430K | RM408 |
PSF Trend: Stable
PSF moved from RM476 (2021) to RM523 (2023)
Liquidity: Low
5 transactions over 2 years (~3/year)
14% below Johor Bahru average
This project: RM412 PSF vs Johor Bahru median: RM480 PSF
Est. Total Return: 9.4% p.a. (beats FD)
Capital gain (4.9% p.a.) + rental yield (~4.5% p.a.)
SKY GARDENS RESIDENCES delivers a strong estimated total return of 9.4% p.a. — comprising +4.9% capital appreciation and ~4.5% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 14% below the Johor Bahru average — potentially undervalued. Best suited for rental investors, capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2023 | Service Apartment | Freehold | 1,055 | RM408 | RM430K |
| Jun 2023 | Service Apartment | Freehold | 861 | RM523 | RM450K |
| Jan 2022 | Service Apartment | Freehold | 1,055 | RM384 | RM405K |
| Dec 2021 | Service Apartment | Freehold | 861 | RM476 | RM410K |
| Nov 2021 | Service Apartment | Freehold | 861 | RM412 | RM355K |
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 5 records
3 interactive charts
Scatter, price & PSF vs Johor Bahru & Johor
Percentile breakdown
25th, 50th, 75th price & PSF
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