| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 422,000
|
RM 284
|
1,485 sqft
|
|
|
|
Level 3
|
RM 211,000
|
RM 142
|
1,485 sqft
|
|
|
Jalan Pertama 1
|
RM 1,830,000
|
RM 356
|
5,145 sqft
|
|
|
Jalan Pertama 4
|
RM 1,950,000
|
RM 348
|
5,597 sqft
|
|
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Market Snapshot
CommercialRM 734,000
RM 348 psfMedian transaction price
30, Jln Pertama 1, Pusat Perdagangan Danga Utama, 81300 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsDanga 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 348.
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 211K to RM 1.46 million, and a typical market range of RM 211K to RM 1.28 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 348, though individual units vary from RM 263 to RM 434 in the core range. The broader market spans RM 6.39 to RM 690.39, indicating diverse property characteristics. The spread of RM 684.00 (IQR) and deviation of RM 86 (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.