OFF MP 11 1/4 JALAN J.BAHRU/ULU TIRAM

OFF MP 11 1/4 JALAN J.BAHRU/ULU TIRAM in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 8.85 million and a median price per square foot (PSF) of RM 104.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 8.85 million, with most transactions falling within a stable range of RM 5.70 million to RM 12.00 million, and a typical market range of RM 6.13 million to RM 11.57 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 104, with core pricing between RM 88 and RM 119. Market pricing typically extends from RM 89.63 to RM 117.38, reflecting moderate variation in unit pricing. With an IQR of RM 27.75 and MAD of RM 16, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.