| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Riang 22/2
|
RM 680,000
|
RM 564
|
1,206 sqft
|
|
|
|
Jalan Riang 22/2
|
RM 600,000
|
RM 498
|
1,206 sqft
|
|
|
|
Jalan Riang 22/3
|
RM 500,000
|
RM 415
|
1,206 sqft
|
|
|
|
Jalan Riang 22/3
|
RM 534,000
|
RM 443
|
1,206 sqft
|
|
|
|
Jalan Riang 22/3
|
RM 534,000
|
RM 443
|
1,206 sqft
|
|
|
Jalan Riang 21
|
RM 3,745,000
|
RM 153
|
24,466 sqft
|
|
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Market Snapshot
CommercialRM 567,000
RM 443 psfMedian transaction price
Jalan Perindustrian, Taman Desa Rahmat, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsPerindustrian Gembira in Johor Bahru, Johor recorded 6 subsale transactions in 2023, with a median price of RM 567K and a median price per square foot (PSF) of RM 443.
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 567K, with most transactions falling within a stable range of RM 500K to RM 1.75 million, and a typical market range of RM 500K to RM 1.09 million.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 443, though individual units vary from RM 314 to RM 571 in the core range. The broader market spans RM 398.08 to RM 487.83, indicating diverse property characteristics. A wider spread (IQR: RM 89.75) and deviation (MAD: RM 129) indicate significant PSF variations, likely due to diverse property types or conditions.
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.