TAMAN PERINDUSTRIAN TIRAM in Johor Bahru, Johor recorded 11 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 140.
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 520K, with most transactions falling within a stable range of RM 130K to RM 910K, and a typical market range of RM 143K to RM 898K.
Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 140, with core pricing between RM 113 and RM 167. Market pricing typically extends from RM 101.13 to RM 178.88, reflecting moderate variation in unit pricing. The spread of RM 77.75 (IQR) and deviation of RM 27 (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.
