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Market Snapshot
CommercialRM 782,500
RM 281 psfMedian transaction price
Jalan Berjaya 9, 81300 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsPerindustrian Berjaya in Johor Bahru, Johor recorded 0 subsale transactions in 2021, with a median price of RM 800K and a median price per square foot (PSF) of RM 279.
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 800K, with most transactions falling within a stable range of RM 685K to RM 915K, and a typical market range of RM 689K to RM 911K.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 279, with most transactions between RM 265 and RM 293. The usual range is RM 265.50 to RM 292.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.00 and an average deviation (MAD) of RM 14 indicate a highly stable PSF trend across properties.
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.