| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ihp 1/4
|
RM 943,000
|
RM 245
|
3,843 sqft
|
|
|
|
Jalan Ihp 1/3
|
RM 943,000
|
RM 245
|
3,843 sqft
|
|
|
Jalan Ihp 1/4
|
RM 950,000
|
RM 227
|
4,176 sqft
|
|
|
|
Jalan Ihp 1/4
|
RM 943,000
|
RM 226
|
4,176 sqft
|
|
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Market Snapshot
CommercialRM 943,000
RM 236 psfMedian transaction price
Bandar Baru Seri Alam, 81750 Masai, Johor, Malaysia
MapsJohor Halal Park in Johor Bahru, Johor recorded 4 subsale transactions in 2022, with a median price of RM 943K and a median price per square foot (PSF) of RM 236.
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 943K, with most transactions falling within a stable range of RM 943K to RM 946K, and a typical market range of RM 943K to RM 950K.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 236, with most transactions between RM 227 and RM 246. The usual range is RM 162.93 to RM 309.93, showing that most units are priced quite close to each other. With an IQR of RM 147.00 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
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.