PEKAN MASAI

Area Intelligence
12 subsale transactions
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Median Price
RM 1,200,000
PSF: RM 575

Commercial PSF Trends

Median Price

RM 1,200,000

RM 575 PSF

PEKAN MASAI in Johor Bahru, Johor recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 575.

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 1.20 million, with most transactions falling within a stable range of RM 710K to RM 1.69 million, and a typical market range of RM 898K to RM 1.50 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 575, though individual units vary from RM 407 to RM 743 in the core range. The broader market spans RM 402.38 to RM 747.63, indicating diverse property characteristics. A wider spread (IQR: RM 345.25) and deviation (MAD: RM 168) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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PEKAN MASAI, Johor Bahru, Johor

OSM

Transactions

12 transactions grouped by size

1,400 sqft
RM 580,000
Double Storey Shop JALAN TANJONG
1,400 sqft · RM 414.00 PSF
Oct 2024
RM 1,350,000
3-Storey Shop JALAN MAWAR
1,399 sqft · RM 965.00 PSF
Jun 2024
RM 528,000
Double Storey Shop JALAN TANJONG
1,400 sqft · RM 377.00 PSF
May 2024
RM 700,000
Double Storey Shop JALAN TERATAI
1,415 sqft · RM 495.00 PSF
Feb 2024
RM 560,000
Double Storey Shop JALAN PASAR
1,400 sqft · RM 400.00 PSF
Dec 2023
RM 1,250,000
3-Storey Shop JALAN MAWAR
1,400 sqft · RM 893.00 PSF
May 2023
RM 1,680,000
3-Storey Shop JALAN MAWAR
1,399 sqft · RM 1,201.00 PSF
Apr 2023
1,750 sqft
Double Storey Shop
RM 700,000
JALAN KIAMBANG
1,760 sqft · RM 398.00 PSF
Feb 2024
RM 1,200,000
JALAN KIAMBANG
1,760 sqft · RM 682.00 PSF
Feb 2024
RM 1,250,000
JALAN KIAMBANG
1,760 sqft · RM 710.00 PSF
Aug 2022
2,250 sqft
3-Storey Shop
RM 1,200,000
JALAN MAWAR
2,240 sqft · RM 536.00 PSF
Dec 2024
4,050 sqft
Double Storey Shop
RM 2,500,000
JALAN KIAMBANG
4,073 sqft · RM 614.00 PSF
Aug 2022