| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Desa Tropika 1
|
RM 2,500,000
|
RM 254
|
9,838 sqft
|
|
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Market Snapshot
CommercialRM 2,500,000
RM 254 psfMedian transaction price
Jalan Tropika, 81800 Ulu Tiram, Johor Darul Ta'zim, Malaysia
MapsTaman Perindustrian Tropika in Johor Bahru, Johor recorded 1 subsale transactions in 2021, with a median price of RM 2.50 million and a median price per square foot (PSF) of RM 254.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 254, with most transactions between RM 254 and RM 254. The usual range is RM 239.36 to RM 268.86, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 29.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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.