Area Intelligence

TMN DESA PALMA

70 properties
2023
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Median Price
RM 744,000
PSF: RM 436

Residential Market

Median Price

RM 700,000

IQR: RM 73
MAD: RM 57
RM 434 PSF 6.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 825,000

IQR: RM 1
MAD: RM 1
RM 458 PSF 26.2%

PSF Trends (2021-2025)

TMN DESA PALMA in Johor Bahru, Johor recorded 70 subsale transactions in 2023, with a median price of RM 744K and a median price per square foot (PSF) of RM 436.

This area contains both residential and commercial properties. View 128 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 744K, with most transactions falling within a stable range of RM 595K to RM 893K, and a typical market range of RM 693K to RM 796K.

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 436, though individual units vary from RM 346 to RM 525 in the core range. The broader market spans RM 394.00 to RM 477.00, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 90 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN DESA PALMA, Johor Bahru, Johor

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Transactions

70 properties grouped by size

1,000 sqft
1 units Shop/Retail Lot
RM 200,000
1,009 sqft · RM 198.00 PSF
Jan 2023
1,550 sqft
51 units (showing 6)
RM 577,000
Double Storey Terraced JLN PALMA KIPAS 5
1,540 sqft · RM 375.00 PSF
Dec 2023
RM 577,000
Double Storey Terraced JLN PALMA KIPAS 6
1,540 sqft · RM 375.00 PSF
Dec 2023
RM 569,000
Double Storey Terraced JLN PALMA KIPAS 2
1,540 sqft · RM 369.00 PSF
Dec 2023
RM 559,000
Double Storey Terraced JLN PALMA KIPAS 2
1,540 sqft · RM 363.00 PSF
Dec 2023
RM 569,000
Double Storey Terraced JALAN PALMA KIPAS 2
1,540 sqft · RM 369.00 PSF
Dec 2023
RM 569,000
Double Storey Terraced JLN PALMA
1,539 sqft · RM 370.00 PSF
Dec 2023
1,650 sqft
1 units Double Storey Terraced
RM 733,000
OFF JLN DESA PALMA
1,647 sqft · RM 445.00 PSF
Apr 2023
1,700 sqft
1 units Double Storey Terraced
RM 886,000
JLN PALMA BULUH 15
1,680 sqft · RM 527.00 PSF
Dec 2023
1,800 sqft
6 units Double Storey Shop
RM 825,000
JLN PALMA PUTERI 2
1,798 sqft · RM 459.00 PSF
Nov 2023
RM 825,000
JLN PALMA PUTERI 2
1,798 sqft · RM 459.00 PSF
Oct 2023
RM 825,000
JLN PALMA PUTERI 2
1,800 sqft · RM 458.00 PSF
Oct 2023
RM 825,000
JLN PALMA PUTERI 2
1,798 sqft · RM 459.00 PSF
Sep 2023
RM 825,000
JLN PALMA PUTERI 2
1,800 sqft · RM 458.00 PSF
Sep 2023
RM 825,000
JLN PALMA PUTERI 2
1,800 sqft · RM 458.00 PSF
Aug 2023
2,100 sqft
3 units Double Storey Terraced
RM 620,000
JLN PALMA
2,102 sqft · RM 295.00 PSF
Nov 2023
RM 619,000
JLN PALMA KIPAS 6
2,099 sqft · RM 295.00 PSF
Sep 2023
RM 814,000
JLN PALMA KIPAS 6
2,094 sqft · RM 389.00 PSF
Jul 2023
2,850 sqft
1 units Double Storey Terraced
RM 686,000
TMN DESA PALMA
2,831 sqft · RM 242.00 PSF
Mar 2023
3,050 sqft
2 units Double Storey Terraced
RM 893,000
JLN PALMA KIPAS
3,057 sqft · RM 292.00 PSF
Jul 2023
RM 905,000
TMN DESA PALMA
3,057 sqft · RM 296.00 PSF
May 2023
3,400 sqft
1 units Double Storey Terraced
RM 699,000
JLN PALMA KIPAS 11
3,391 sqft · RM 206.00 PSF
Aug 2023
3,450 sqft
1 units Double Storey Terraced
RM 928,000
JLN PALMA KIPAS
3,468 sqft · RM 268.00 PSF
Jun 2023
3,600 sqft
1 units Double Storey Terraced
RM 721,000
JLN PALMA KIPAS
3,597 sqft · RM 200.00 PSF
Apr 2023
21,800 sqft
1 units Detached
RM 1,524,000
JLN PALMA GADING 4
21,775 sqft · RM 70.00 PSF
Oct 2023