PELABUHAN TANJUNG PELEPAS

PELABUHAN TANJUNG PELEPAS in Johor Bahru, Johor recorded 4 subsale transactions in 2023, with a median price of RM 668K and a median price per square foot (PSF) of RM 460.

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 668K, with most transactions falling within a stable range of RM 593K to RM 743K, and a typical market range of RM 510K to RM 826K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 460, with core pricing between RM 408 and RM 511. Market pricing typically extends from RM 408.13 to RM 510.88, reflecting moderate variation in unit pricing. With an IQR of RM 102.75 and MAD of RM 52, the PSF demonstrates reasonable consistency across the market.

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.