Johor
Johor Bahru
Pulai
DANGA UTAMA

DANGA UTAMA

Area Intelligence

2023

Median Price

RM 734,000

PSF: RM 379

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Commercial PSF Trends

Median Price

RM 734,000

RM 379 PSF

DANGA UTAMA in Johor Bahru, Johor recorded 5 subsale transactions in 2023, with a median price of RM 734K and a median price per square foot (PSF) of RM 379.

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 734K, with most transactions falling within a stable range of RM 629K to RM 422K, and a typical market range of RM 211K to RM 422K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 379, with core pricing between RM 308 and RM 450. Market pricing typically extends from RM 37.00 to RM 721.00, reflecting moderate variation in unit pricing. The spread of RM 684.00 (IQR) and deviation of RM 71 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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DANGA UTAMA, Johor Bahru, Johor

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