TAMAN DESA CEMERLANG in Johor Bahru, Johor recorded 0 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 342.
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 450K, with most transactions falling within a stable range of RM 285K to RM 615K, and a typical market range of RM 283K to RM 617K.
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 342, though individual units vary from RM 266 to RM 418 in the core range. The broader market spans RM 265.00 to RM 419.00, indicating diverse property characteristics. The spread of RM 154.00 (IQR) and deviation of RM 76 (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. Limited transaction history suggests carefully evaluating comparable sales data.
