TAMAN GEMBIRA in Johor Bahru, Johor recorded 28 subsale transactions in 2023, with a median price of RM 445K and a median price per square foot (PSF) of RM 268.
This area contains both residential and commercial properties. View 73 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 445K, with most transactions falling within a stable range of RM 348K to RM 543K, and a typical market range of RM 338K to RM 552K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 268, with core pricing between RM 219 and RM 317. Market pricing typically extends from RM 224.63 to RM 311.38, reflecting moderate variation in unit pricing. The spread of RM 86.75 (IQR) and deviation of RM 49 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
