TAMAN DESA CEMERLANG

Area Intelligence
2021
Median Price
RM 250,000
PSF: RM 328

Residential PSF Trends

Median Price

RM 245,000

PSF: RM 325

Commercial PSF Trends

Median Price

RM 1,500,000

RM 852 PSF

TAMAN DESA CEMERLANG in Johor Bahru, Johor recorded 32 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 328.

This area contains both residential and commercial properties. View 330 residential properties or 58 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 539K to RM 255K, and a typical market range of RM 539K to RM 417K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 328, with most transactions between RM 318 and RM 338. The usual range is RM 251.00 to RM 405.00, showing that most units are priced quite close to each other. With an IQR of RM 154.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

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TAMAN DESA CEMERLANG, Johor Bahru, Johor

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