Medan Cahaya

Jalan Tun Abdul Razak 1/1, Wadi Hana, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 1,125,000
PSF
RM 181
Price Size
Period
transactions middle 50% (P25–P75)
5,350 sqft
4-Sty Shop
RM 1,150,000
Off Jalan Tun Abd Razak - Susur 1
5,328 sqft · RM 216 PSF
6,850 sqft
5-Sty Shop
RM 1,530,000
Jalan Tun Abd Razak
6,857 sqft · RM 223 PSF
7,550 sqft
5-Sty Shop
RM 1,100,000
Jalan Tun Abd Razak
7,546 sqft · RM 146 PSF
RM 1,000,000
Jalan Tun Abd Razak Susur 1
7,546 sqft · RM 133 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 1,125,000

RM 181 psf

Median transaction price

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Jalan Tun Abdul Razak 1/1, Wadi Hana, 80300 Johor Bahru, Johor Darul Ta'zim, Malaysia

Maps

Medan Cahaya in Johor Bahru, Johor recorded 4 subsale transactions in 2024, with a median price of RM 1.13 million and a median price per square foot (PSF) of RM 181.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.13 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.33 million, and a typical market range of RM 1.00 million to RM 1.37 million.

Most transactions involved 5 - 5 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 181, though individual units vary from RM 140 to RM 221 in the core range. The broader market spans RM 147.06 to RM 214.56, indicating diverse property characteristics. The spread of RM 67.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.