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PANGSAPURI PALMA @ NASA CITY DESA PALMA Transaction Price & PSF

PANGSAPURI PALMA @ NASA CITY DESA PALMA · Serviced Apartment · Johor Bahru · Johor · Data through June 2024

Median price
RM486,000
Median Parcel PSF
RM430.33 psf89.2% usable coverage
Transactions
65
Data period
June 2024From February 2021

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

This targeted market snapshot focuses on the residential segment for Serviced Apartment within PANGSAPURI PALMA @ NASA CITY DESA PALMA, located in Johor. The aim is to explain how to interpret the scheme data and guide readers on using transaction benchmarks without implying guarantees or forecasting price movements.

Market overview

The data show a clear focus on a single residential category within the scheme, with Johor Bahru identified as the dominant district and Tebrau as the principal mukim. The scheme itself stands out as the central submarket in this snapshot. Activity appears to vary across years, indicating fluctuations in transaction tempo over time. Readers should recognise that different property categories should be compared separately to avoid conflating market signals.

Property transaction benchmark

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

Serviced Apartment

Transactions
65
Median price
RM486,000
Median parcel area
1,023 sqft
Median Parcel PSF
RM430.33 psf
PSF coverage
89.2%

Within this residential snapshot, Serviced Apartment is the represented category. This indicates where observed activity and market placement occur within the dataset, helping readers understand the focus of the scheme without implying outcomes for individual units.

How to interpret this market

Transaction benchmarks can serve as a general guide for comparison, but they are not a guarantee of future results. When evaluating a potential property, compare within the same property type and scheme, and consider how a specific unit may differ in factors such as condition or features. Use benchmarks to gauge alignment with market patterns rather than to predict exact outcomes.

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Frequently asked questions

What does this snapshot cover in terms of property type and location?

It focuses on Serviced Apartment within the residential segment of PANGSAPURI PALMA @ NASA CITY DESA PALMA in Johor, with data drawn from the specified scheme and submarket.

How should I use the transaction benchmarks when evaluating a property?

Treat benchmarks as general guidance for comparison within the same property type and scheme; remember that individual properties can differ and benchmarks do not guarantee outcomes.

Why should property types be compared separately in this market?

Because different property categories can exhibit distinct market behavior; separating them helps readers make clearer, category specific comparisons.

Summary

This analysis reinforces the importance of comparing property types on their own and using transaction benchmarks as directional guidance rather than definitive forecasts. Readers should reference category and scheme level signals while evaluating individual properties.

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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 PALMA @ NASA CITY DESA PALMA Price & PSF | PropMedian