PropMedian Data Research

TMN NUSA BESTARI 2 Transaction Price & PSF

TMN NUSA BESTARI 2 Condominium/Apartment Residential Property Market | residential | Data through October 2024

Transactions
34
Property types
1
Data period
September 2021 - October 2024

This targeted market snapshot examines the residential segment within the TMN NUSA BESTARI scheme in Johor Bahru, Pulai, and explains how readers can interpret the transaction data without assuming price movements or investment outcomes.

Market overview

The market activity is anchored in theJohor Bahru district and Pulai mukim, with the TMN NUSA BESTARI scheme identified as the focus of the dataset. The price distribution suggests a central tendency around a common level, while transaction activity appears to fluctuate across the period rather than follow a single directional trend. Readers should view the market as a composition of submarkets that can behave differently from one another within the same overall scheme.

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
34
Median price
RM380,000
Median parcel area
1,152 sqft
Median parcel PSF
RM312.57 psf
Parcel PSF coverage
85.3%

Condominium or apartment units in this dataset are residential flats within a multi unit development. This category aligns with the scheme and its local submarkets, and it provides a basis for comparing like properties within the same locale and scheme, while acknowledging variation in unit characteristics.

How to interpret this market

Readers can use transaction benchmarks as a reference when comparing similar properties within the same district, mukim, and scheme. An individual property may differ in aspects such as condition, floor level, view, and renovations, so benchmarks should inform assessment without guaranteeing outcomes for a specific property.

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

What is the scope of this market snapshot?

The data focuses on residential condominium and apartment transactions within the TMN NUSA BESTARI scheme in Johor Bahru, Pulai.

How should benchmarks be used when evaluating a property?

Treat benchmarks as a reference point for comparing similar properties within the same submarket. They do not guarantee outcomes.

Can I rely on this data to predict future price movements?

No; the data describes past transactions and should not be interpreted as a forecast or investment advice.

Summary

Readers are encouraged to compare property types separately and to use transaction benchmarks to inform their assessments within the TMN NUSA BESTARI residential 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 NUSA BESTARI 2 Price & PSF | PropMedian