TAMAN DESA CEMERLANG

Area Intelligence
2023
Median Price
RM 480,000
PSF: RM 339

Residential PSF Trends

Median Price

RM 440,000

PSF: RM 325

Commercial PSF Trends

Median Price

RM 1,115,000

RM 600 PSF

TAMAN DESA CEMERLANG in Johor Bahru, Johor recorded 104 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 339.

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 480K, with most transactions falling within a stable range of RM 412K to RM 500K, and a typical market range of RM 313K to RM 500K.

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

Price per square foot shows a median of RM 339, though individual units vary from RM 258 to RM 420 in the core range. The broader market spans RM 262.00 to RM 416.00, indicating diverse property characteristics. The spread of RM 154.00 (IQR) and deviation of RM 81 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Steady transaction activity supports reliable market pricing.

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TAMAN DESA CEMERLANG, Johor Bahru, Johor

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Transactions

3 transactions grouped by size

1,650 sqft
3-Storey Shop
RM 1,500,000
JALAN TANJONG 1
1,647 sqft · RM 911 PSF
1,750 sqft
3-Storey Shop
RM 1,450,000
JALAN KENANGA 3
1,765 sqft · RM 821 PSF
2,400 sqft
Double Storey Shop
RM 1,115,000
JALAN RAWA 4
2,403 sqft · RM 464 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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