Johor
Johor Bahru
Tebrau
TAMAN GEMBIRA

TAMAN GEMBIRA

Area Intelligence

2023

Median Price

RM 445,000

PSF: RM 268

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Residential PSF Trends

Median Price

RM 440,000

PSF: RM 260

Commercial PSF Trends

Median Price

RM 850,000

RM 552 PSF

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 500K to RM 549K, and a typical market range of RM 500K to RM 552K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 268, though individual units vary from RM 161 to RM 375 in the core range. The broader market spans RM 224.63 to RM 311.38, indicating diverse property characteristics. A wider spread (IQR: RM 86.75) and deviation (MAD: RM 107) 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.

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TAMAN GEMBIRA, Johor Bahru, Johor

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