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 615K to RM 875K, and a typical market range of RM 620K to RM 870K.
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 345 to RM 623 in the core range. The broader market spans RM 357.88 to RM 609.13, indicating diverse property characteristics. A wider spread (IQR: RM 251.25) and deviation (MAD: RM 139) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
