|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Riang 22/1
|
RM 865,000
|
RM 718
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 23
|
RM 4,500,000
|
RM 195
|
23,120 sqft
|
|
Factory |
| 2023 | |||||
|
Jalan Riang 22/2
|
RM 680,000
|
RM 564
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 22/2
|
RM 600,000
|
RM 498
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 21
|
RM 3,745,000
|
RM 153
|
24,466 sqft
|
|
Factory |
|
Jalan Riang 22/3
|
RM 500,000
|
RM 415
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 22/3
|
RM 534,000
|
RM 443
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 22/3
|
RM 534,000
|
RM 443
|
1,206 sqft
|
|
Terrace Factory |
| 2022 | |||||
|
Jalan Riang 23
|
RM 5,950,000
|
RM 142
|
42,045 sqft
|
|
Factory |
|
Jalan Riang 22
|
RM 600,000
|
RM 498
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 22/1
|
RM 585,000
|
RM 485
|
1,206 sqft
|
|
Terrace Factory |
|
Jalan Riang 22/2
|
RM 518,000
|
RM 430
|
1,206 sqft
|
|
Terrace Factory |
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Market Snapshot
CommercialRM 585,000
RM 348 psfMedian transaction price
Jalan Perindustrian, Taman Desa Rahmat, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsPerindustrian Gembira in Johor Bahru, Johor recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 600K 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 600K, with most transactions falling within a stable range of RM 519K to RM 681K, and a typical market range of RM 500K to RM 1.13 million.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 443, with most transactions between RM 404 and RM 481. The usual range is RM 398.08 to RM 487.83, showing that most units are priced quite close to each other. With an IQR of RM 89.75 and MAD of RM 39, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.