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 300K to RM 338K, and a typical market range of RM 300K to RM 417K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 328, with core pricing between RM 269 and RM 387. Market pricing typically extends from RM 251.00 to RM 405.00, reflecting moderate variation in unit pricing. The spread of RM 154.00 (IQR) and deviation of RM 59 (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. Moderate transaction volume may require patience when buying or selling.
