Area Intelligence

TMN DESA PALMA

10 properties
2024
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Median Price
RM 886,000
PSF: RM 526

Residential Market

Median Price

RM 886,000

IQR: RM 73
MAD: RM 57
RM 526 PSF 6.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,575,000

IQR: RM 1
MAD: RM 1
RM 578 PSF 26.2%

PSF Trends (2021-2025)

TMN DESA PALMA in Johor Bahru, Johor recorded 10 subsale transactions in 2024, with a median price of RM 886K and a median price per square foot (PSF) of RM 526.

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 886K, with most transactions falling within a stable range of RM 570K to RM 1.24 million, and a typical market range of RM 835K to RM 938K.

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

The median PSF stands at RM 526, with core pricing between RM 425 and RM 626. Market pricing typically extends from RM 484.00 to RM 567.00, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 101 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN DESA PALMA, Johor Bahru, Johor

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Transactions

10 properties grouped by size

1,550 sqft
2 units Double Storey Terraced
RM 645,000
JLN PALMA KIPAS
1,540 sqft · RM 419.00 PSF
Jul 2024
RM 570,000
JLN PALMA KIPAS 6
1,540 sqft · RM 370.00 PSF
Jan 2024
1,700 sqft
5 units Double Storey Terraced
RM 880,000
JLN PALMA BULUH 16
1,680 sqft · RM 524.00 PSF
Jun 2024
RM 886,000
JLN PALMA BULUH 15
1,680 sqft · RM 527.00 PSF
May 2024
RM 886,000
JLN PALMA BULUH 15
1,680 sqft · RM 527.00 PSF
Apr 2024
RM 886,000
JLN PALMA BULUH 15
1,680 sqft · RM 527.00 PSF
Mar 2024
RM 886,000
JLN PALMA BULUH 15
1,680 sqft · RM 527.00 PSF
Jan 2024
1,800 sqft
1 units Double Storey Shop
RM 1,260,000
JLN PALMA PUTERI 2
1,798 sqft · RM 701.00 PSF
Jan 2024
3,300 sqft
1 units Double Storey Terraced
RM 1,050,000
JLN DESA PALMA
3,309 sqft · RM 317.00 PSF
May 2024
4,150 sqft
1 units 3-Storey Storey Shop
RM 1,890,000
JLN PALMA PUTERI 2
4,155 sqft · RM 455.00 PSF
Feb 2024