TAMAN GELANG EMAS in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 227.
This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 200K to RM 300K, and a typical market range of RM 208K to RM 293K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 227, though individual units vary from RM 177 to RM 277 in the core range. The broader market spans RM 182.13 to RM 271.88, indicating diverse property characteristics. The spread of RM 89.75 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
