TAMAN GELANG EMAS in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 270K and a median price per square foot (PSF) of RM 214.
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 270K, with most transactions falling within a stable range of RM 220K to RM 320K, and a typical market range of RM 228K to RM 313K.
Most transactions involved low-cost house, with moderate diversity in property types available.
Price per square foot shows a median of RM 214, though individual units vary from RM 164 to RM 264 in the core range. The broader market spans RM 169.13 to RM 258.88, 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.
