TIRAM COMMERCIAL CENTRE in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 745K and a median price per square foot (PSF) of RM 484.
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 745K, with most transactions falling within a stable range of RM 660K to RM 830K, and a typical market range of RM 660K to RM 830K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 484, though individual units vary from RM 374 to RM 593 in the core range. The broader market spans RM 357.88 to RM 609.13, indicating diverse property characteristics. The spread of RM 251.25 (IQR) and deviation of RM 110 (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.
