Pekan Masai

Masai, Johor, Malaysia

Property Transactions

3 subsales grouped by size · 2-Sty Shop →

Median
RM 1,250,000
PSF
RM 357
Price Size
Period
transactions middle 50% (P25–P75)
2,000 sqft
2-Sty Shop
RM 560,000
Jalan Pasar
2,024 sqft · RM 277 PSF
3,500 sqft
3-Sty Shop
RM 1,250,000
Jalan Mawar
3,498 sqft · RM 357 PSF
RM 1,680,000
Jalan Mawar
3,498 sqft · RM 480 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 1,250,000

RM 357 psf

Median transaction price

Pekan Masai in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 357.

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 1.25 million, with most transactions falling within a stable range of RM 789K to RM 1.68 million, and a typical market range of RM 915K to RM 1.59 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 357, though individual units vary from RM 274 to RM 441 in the core range. The broader market spans RM 202.32 to RM 512.32, indicating diverse property characteristics. The spread of RM 310.00 (IQR) and deviation of RM 84 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.