SILC NUSAJAYA in Johor Bahru, Johor recorded 8 subsale transactions in 2022, with a median price of RM 12.50 million and a median price per square foot (PSF) of RM 187.
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 12.50 million, with most transactions falling within a stable range of RM 3.25 million to RM 21.96 million, and a typical market range of RM 7.60 million to RM 17.40 million.
Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 187, though individual units vary from RM 142 to RM 231 in the core range. The broader market spans RM 162.00 to RM 211.00, indicating diverse property characteristics. The spread of RM 49.00 (IQR) and deviation of RM 44 (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.
