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)

PROPERTY TYPES OVERVIEW

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 grouped by size

2,050 sqft
2 units Double Storey Terraced
RM 539,000
JLN PALMA 2/2
2,037 sqft · RM 265.00 PSF
Jul 2022
RM 458,000
JLN PALMA 2/2
2,029 sqft · RM 226.00 PSF
Jan 2022
3,500 sqft
1 units Single Storey Semi-D
RM 600,000
JLN JASA 7
3,523 sqft · RM 170.00 PSF
May 2022
3,600 sqft
1 units Single Storey Semi-D
RM 440,000
JLN PALMA 1
3,615 sqft · RM 122.00 PSF
Oct 2022