Johor
Johor Bahru
Plentong
TIRAM COMMERCIAL CENTRE

TIRAM COMMERCIAL CENTRE

Area Intelligence

2024

Median Price

RM 804,500

PSF: RM 575

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Commercial PSF Trends

Median Price

RM 804,500

RM 575 PSF

Property Types

Double Storey Shop

7 transactions

RM 770K

4-Storey Shop

1 transactions

RM 939K

3-Storey Shop

1 transactions

RM 580K

TIRAM COMMERCIAL CENTRE in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 805K 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 805K, with most transactions falling within a stable range of RM 670K to RM 939K, and a typical market range of RM 680K to RM 929K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 575, with core pricing between RM 479 and RM 671. Market pricing typically extends from RM 449.38 to RM 700.63, reflecting moderate variation in unit pricing. The spread of RM 251.25 (IQR) and deviation of RM 96 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TIRAM COMMERCIAL CENTRE, Johor Bahru, Johor

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