Taman Perindustrian Maju Cemerlang

81800 Ulu Tiram, Johor, Malaysia

Property Transactions

3 subsales grouped by size · Semi-D Factory →

Median
RM 1,553,000
PSF
RM 291
Price Size
5,350 sqft
Terrace Factory
RM 1,553,000
Jalan Maju Cemerlang 1
5,328 sqft · RM 291 PSF
RM 1,500,000
Jalan Maju Cemerlang 1
5,328 sqft · RM 282 PSF
RM 2,404,000
Jalan Maju Cemerlang 1
5,328 sqft · RM 451 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 1,553,000

RM 291 psf

Median transaction price

Taman Perindustrian Maju Cemerlang in Johor Bahru, Johor recorded 3 subsale transactions in 2022, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 291.

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 1.55 million, with most transactions falling within a stable range of RM 1.50 million to RM 1.97 million, and a typical market range of RM 1.50 million to RM 2.40 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 291, though individual units vary from RM 214 to RM 369 in the core range. The broader market spans RM 216.97 to RM 365.97, indicating diverse property characteristics. A wider spread (IQR: RM 149.00) and deviation (MAD: RM 78) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.