BandingHouse

Pangsapuri Kebun Teh

Johor Bahru, Johor · High-rise (condo, apartment, flat) · Leasehold

Homes in Pangsapuri Kebun Teh have sold for a median of

RM260,000

RM444 psf on the recorded floor area

RM235,000median RM260,000RM400,000

Half of the 37 recorded sales fell between RM235,000 and RM400,000. One in ten went under RM223,000, one in ten over RM448,000. Sales run from 11 February 2021 to 9 July 2025.

Down 18% from a RM295,000 median in 2022 to RM242,500 in 2024.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Johor, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as high-rise (condo, apartment, flat) under a Leasehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.

Year by year

YearMedian soldPer sq ftSales
2021RM335,000RM508 psf2
2022RM295,000RM373 psf8
2023RM340,000RM438 psf16
2024RM242,500RM488 psf9
2025RM355,000RM480 psf2

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other high-rise (condo, apartment, flat) schemes in Johor Bahru with enough recorded sales, cheapest first. By median sold price, Pangsapuri Kebun Teh sits 28 of 81 in that set.

Against Johor

Across Johor, the median recorded sale for high-rise (condo, apartment, flat) is RM310,000 (RM324 psf), from 2,847 sales. Pangsapuri Kebun Teh’s own median is RM260,000 — lower than that state median. Full Johor table.

Cash and monthly on the RM260,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM26,000
  • Transfer duty (MOT): RM4,200
  • Loan duty (0.5%): RM1,170
  • Total cash: RM31,370
  • Qualifying first home: RM26,000 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,036
  • Total monthly: RM1,036

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Pangsapuri Kebun Teh sold for?
A median of RM260,000 (RM444 psf), from 37 land-office transactions between 11 February 2021 and 9 July 2025.
What is a typical band here?
Half of recorded sales fell between RM235,000 and RM400,000. One in ten went under RM223,000; one in ten over RM448,000.
Has the median moved?
From RM295,000 in 2022 to RM242,500 in 2024 (-18%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.