| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Ihp 1/8
|
RM 1,000,000
|
RM 260
|
3,843 sqft
|
|
|
Jalan Lhp 1/5
|
RM 1,900,000
|
RM 221
|
8,585 sqft
|
|
|
Jalan Ihp 1/10
|
RM 4,800,000
|
RM 217
|
22,120 sqft
|
|
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Market Snapshot
CommercialRM 1,900,000
RM 221 psfMedian transaction price
Bandar Baru Seri Alam, 81750 Masai, Johor, Malaysia
MapsJohor Halal Park in Johor Bahru, Johor recorded 3 subsale transactions in 2024, with a median price of RM 1.90 million and a median price per square foot (PSF) of RM 221.
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 1.90 million, with most transactions falling within a stable range of RM 1.00 million to RM 3.52 million, and a typical market range of RM 1.43 million to RM 2.38 million.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 221, with most transactions between RM 202 and RM 241. The usual range is RM 147.81 to RM 294.81, showing that most units are priced quite close to each other. With an IQR of RM 147.00 and MAD of RM 19, 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.