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Market Snapshot
CommercialRM 855,000
RM 611 psfMedian transaction price
Sungai Tiram, Taman Seri Jaya, Ulu Tiram, Johor, Malaysia
MapsTiram Commercial Centre in Johor Bahru, Johor recorded 0 subsale transactions in 2021, with a median price of RM 855K and a median price per square foot (PSF) of RM 611.
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 855K, with most transactions falling within a stable range of RM 715K to RM 995K, and a typical market range of RM 718K to RM 992K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 611, with core pricing between RM 511 and RM 711. Market pricing typically extends from RM 500.88 to RM 721.13, reflecting moderate variation in unit pricing. The spread of RM 220.25 (IQR) and deviation of RM 100 (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.