TIRAM COMMERCIAL CENTRE in Johor Bahru, Johor recorded 1 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 306.
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 580K, with most transactions falling within a stable range of RM 450K to RM 710K, and a typical market range of RM 455K to RM 705K.
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 306, though individual units vary from RM 167 to RM 445 in the core range. The broader market spans RM 180.38 to RM 431.63, 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.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
