PropMedian Data Research

TMN SURIA MUAFAKAT Transaction Price & PSF

TMN SURIA MUAFAKAT Condominium/Apartment Residential Property Market | residential | Data through August 2024

Transactions
27
Property types
1
Data period
April 2021 - August 2024

TMN SURIA MUAFAKAT in Bandar Johor Bahru represents a residential market entry focused on Condominium/Apartment housing. This article explains how to interpret the transaction data and how buyers should engage with the scheme data without making unsupported demand, appreciation or investment claims.

Market overview

Within the residential segment, activity centers on the TMN SURIA MUAFAKAT scheme in Bandar Johor Bahru. The dominant submarket in the dataset lies within Bandar Johor Bahru, and the leading property type within the scheme is Condominium/Apartment. The price distribution suggests a broad mix of values across this submarket, reflecting variation in unit size and configuration while remaining within the scheme framework.

Property type benchmarks

The figures below are calculated from transaction records in the PropMedian database. Median PSF is shown only where sufficient parcel area data is available.

Condominium/Apartment

Transactions
27
Median price
RM358,000
Median parcel area
1,195 sqft
Median parcel PSF
RM318.41 psf
Parcel PSF coverage
96.3%

In this residential segment, Condominium/Apartment remains a central focus for the TMN SURIA MUAFAKAT scheme, indicating a concentration of activity around this type within Bandar Johor Bahru. Readers should compare this category with other property types to gauge relative dynamics across schemes and to form a cautious view of price behavior.

How to interpret this market

Transaction benchmarks serve as reference points for evaluating similar properties. An individual unit may differ in features, layout or condition, so benchmarks should guide expectations without implying outcomes for any single property. Different property categories should be compared separately to avoid conflating dynamics across segments.

Explore the underlying market

View the PropMedian property-data hub for this district to explore available property types and transaction benchmarks.

View Johor Bahru property data

Frequently asked questions

How should I use the TMN SURIA MUAFAKAT transaction benchmark?

The benchmark provides a reference point for price levels within the TMN SURIA MUAFAKAT scheme and the residential Condominium/Apartment category. It should guide expectations but not imply guaranteed results.

What does the market activity say about this scheme?

The data shows activity is concentrated within the TMN SURIA MUAFAKAT scheme, with the dominant submarket located in Bandar Johor Bahru.

Should I compare this scheme with other schemes or other property types?

Yes. Comparisons should be made within the same property category and across schemes, while keeping different property categories separate.

Summary

Use the transaction benchmarks as a reference when evaluating Condominium/Apartment properties within TMN SURIA MUAFAKAT, and compare property types separately to form a cautious, information-based view of the market.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

TMN SURIA MUAFAKAT Price & PSF | PropMedian