BANDAR CEMERLANG

BANDAR CEMERLANG in Johor Bahru, Johor recorded 80 subsale transactions in 2023, with a median price of RM 868K and a median price per square foot (PSF) of RM 383.

This area contains both residential and commercial properties. View 143 residential properties or 44 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 868K, with most transactions falling within a stable range of RM 598K to RM 1.15 million, and a typical market range of RM 658K to RM 1.08 million.

Most transactions involved cluster house, with high diversity across multiple property types.

Price per square foot shows a median of RM 383, though individual units vary from RM 191 to RM 574 in the core range. The broader market spans RM 276.25 to RM 488.75, indicating diverse property characteristics. A wider spread (IQR: RM 212.50) and deviation (MAD: RM 191) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.