Area Intelligence

TMN DESA CEMERLANG

5 properties
2024
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Median Price
RM 1,180,000
PSF: RM 717

Commercial Market

Median Price

RM 1,180,000

IQR: RM 211
MAD: RM 101
RM 717 PSF 9.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA CEMERLANG in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 1.18 million and a median price per square foot (PSF) of RM 717.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.18 million, with most transactions falling within a stable range of RM 964K to RM 1.40 million, and a typical market range of RM 930K to RM 1.43 million.

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

Price per square foot shows a median of RM 717, though individual units vary from RM 497 to RM 937 in the core range. The broader market spans RM 611.50 to RM 822.50, indicating diverse property characteristics. A wider spread (IQR: RM 211.00) and deviation (MAD: RM 220) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA CEMERLANG, Johor Bahru, Johor

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Transactions

5 properties grouped by size

1,550 sqft
2 units 3-Storey Storey Shop
RM 1,500,000
JLN JOHAR 2
1,539 sqft · RM 975.00 PSF
Jul 2024
RM 1,300,000
JLN JOHAR 3
1,539 sqft · RM 845.00 PSF
May 2024
1,650 sqft
1 units 3-Storey Storey Shop
RM 1,180,000
JLN RAWA 2
1,647 sqft · RM 717.00 PSF
Nov 2024
1,900 sqft
1 units Double Storey Shop
RM 865,000
JLN JOHAR 3
1,894 sqft · RM 457.00 PSF
Feb 2024
2,600 sqft
1 units Double Storey Shop
RM 1,050,000
JLN JOHAR 3
2,594 sqft · RM 405.00 PSF
Jun 2024