Area Intelligence

TMN PALMA

4 properties
2022
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Median Price
RM 498,500
PSF: RM 198

Residential Market

Median Price

RM 498,500

IQR: RM 60
MAD: RM 39
RM 198 PSF 21.6%

PSF Trends (2021-2025)

TMN PALMA in Pontian, Johor recorded 4 subsale transactions in 2022, with a median price of RM 499K and a median price per square foot (PSF) of RM 198.

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 499K, with most transactions falling within a stable range of RM 440K to RM 563K, and a typical market range of RM 440K to RM 570K.

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

Price per square foot shows a median of RM 198, though individual units vary from RM 144 to RM 252 in the core range. The broader market spans RM 160.50 to RM 235.50, indicating diverse property characteristics. A wider spread (IQR: RM 75.00) and deviation (MAD: RM 54) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PALMA, Pontian, Johor

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Transactions

4 properties found

Single Storey Semi-D JLN PALMA 1
RM 440,000
3,615 sqft Oct 2022
RM 122.00 PSF
Double Storey Terraced JLN PALMA 2/2
RM 539,000
2,037 sqft Jul 2022
RM 265.00 PSF
Single Storey Semi-D JLN JASA 7
RM 600,000
3,523 sqft May 2022
RM 170.00 PSF
Double Storey Terraced JLN PALMA 2/2
RM 458,000
2,029 sqft Jan 2022
RM 226.00 PSF