TMN GEMILANG

TMN GEMILANG in Pontian, Johor recorded 2 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 204.

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 285K, with most transactions falling within a stable range of RM 170K to RM 400K, and a typical market range of RM 249K to RM 321K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 204, with most transactions between RM 202 and RM 205. The usual range is RM 199.75 to RM 207.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.50 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.