TAMAN MAJU JAYA

Area Intelligence
9 subsale transactions
2022
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Median Price
RM 550,000
PSF: RM 321

Residential PSF Trends

Median Price

RM 555,000

PSF: RM 328

Commercial PSF Trends

Median Price

RM 520,000

RM 238 PSF

TAMAN MAJU JAYA in Johor Bahru, Johor recorded 9 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 321.

This area contains both residential and commercial properties. View 15 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 330K to RM 971K, and a typical market range of RM 330K to RM 797K.

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 321, though individual units vary from RM 104 to RM 538 in the core range. The broader market spans RM 221.25 to RM 420.75, indicating diverse property characteristics. A wider spread (IQR: RM 199.50) and deviation (MAD: RM 217) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN MAJU JAYA, Johor Bahru, Johor

OSM

Transactions

9 transactions grouped by size

1,550 sqft
Double Storey Shop
RM 350,000
JALAN NILAM 9
1,539 sqft · RM 227.00 PSF
Jan 2022
1,650 sqft
Double Storey Terraced
RM 550,000
JALAN CERMAT 3
1,647 sqft · RM 334.00 PSF
Jun 2022
RM 560,000
JALAN CERMAT 3
1,647 sqft · RM 340.00 PSF
Apr 2022
1,750 sqft
RM 370,000
Single Storey Terraced JALAN NILAM 7
1,765 sqft · RM 210.00 PSF
Oct 2022
RM 600,000
Double Storey Terraced JALAN CERMAT 4
1,765 sqft · RM 340.00 PSF
Sep 2022
RM 330,000
Single Storey Terraced JALAN NILAM 7
1,765 sqft · RM 187.00 PSF
May 2022
1,800 sqft
3-Storey Shop
RM 1,680,000
JALAN MAJU
1,787 sqft · RM 940.00 PSF
Feb 2022
2,200 sqft
Double Storey Shop
RM 520,000
JALAN NILAM 1
2,182 sqft · RM 238.00 PSF
Nov 2022
3,500 sqft
Double Storey Terraced
RM 1,130,000
JALAN CERMAT
3,520 sqft · RM 321.00 PSF
Nov 2022