PropMedian transaction data

PANGSAPURI LAGUN Transaction Price & PSF

PANGSAPURI LAGUN · Condominium/Apartment · Johor Bahru · Johor · Data through October 2024

Median price
RM503,000
Median Parcel PSF
RM509.64 psf69.6% usable coverage
Transactions
92
Data period
October 2024From May 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This article examines the residential segment for PANGSAPURI LAGUN, focusing on the Condominium/Apartment category within Tebrau, Johor. The aim is to explain how to read the transaction benchmarks and how buyers can interpret the data without making unsupported demand, appreciation or investment claims.

Market overview

The residential market in this area shows the Condominium/Apartment category as the primary focus for transactions under the PANGSAPURI LAGUN scheme. The data indicate activity concentrated in Johor Bahru, with Tebrau identified as the leading submarket and PANGSAPURI LAGUN as the dominant scheme within the market. Trends over time suggest fluctuations in activity across years, and the price distribution points to a range of values within this submarket. Readers should compare like-for-like properties within the same scheme and submarket when forming benchmarks, rather than treating the market as a single uniform category.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Condominium/Apartment

Transactions
92
Median price
RM503,000
Median parcel area
947 sqft
Median Parcel PSF
RM509.64 psf
PSF coverage
69.6%

In the residential market studied, the Condominium/Apartment category represents the core activity for PANGSAPURI LAGUN. Buyers and researchers should compare this property type within the Tebrau submarket and within the scheme when using benchmarks, while remaining mindful that individual properties can differ in features and configuration.

How to interpret this market

Readers can use transaction benchmarks as a tool to compare similar properties across the same scheme or within the same submarket. Benchmarks summarize group behavior, and a single property may vary due to exact location within Tebrau, unit attributes, and condition. Use benchmarks to set expectations and frame comparisons, but do not project outcomes for any individual unit.

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Frequently asked questions

What is the dominant property type in the PANGSAPURI LAGUN residential market?

Condominium/Apartment is the main property type for residential transactions in this area.

Which submarket appears as the focus for this data?

Johor Bahru is the dominant district, with Tebrau as the leading mukim, and the PANGSAPURI LAGUN scheme identified as a central reference point for this residential segment.

How should buyers use the benchmarks when evaluating a property?

Use transaction benchmarks to compare like-for-like assets within the same scheme or submarket, while acknowledging that individual properties can differ.

Summary

Readers are encouraged to compare property types separately and to view transaction benchmarks as a guiding context rather than a forecast or valuation for any single unit. Focus on comparing similar properties within the same submarket and scheme to form informed decisions.

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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%.

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PANGSAPURI LAGUN Price & PSF | PropMedian