TMN CEMPAKA

TMN CEMPAKA in Johor Bahru, Johor recorded 28 subsale transactions in 2023, with a median price of RM 130K and a median price per square foot (PSF) of RM 231.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 130K, with most transactions falling within a stable range of RM 109K to RM 151K, and a typical market range of RM 114K to RM 146K.

Most transactions involved low-cost flat, though some variety exists in the market.

The median PSF stands at RM 231, with core pricing between RM 186 and RM 276. Market pricing typically extends from RM 195.00 to RM 267.00, reflecting moderate variation in unit pricing. The spread of RM 72.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.