| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Riang 22
|
RM 600,000
|
RM 498
|
1,206 sqft
|
|
|
|
Jalan Riang 22/1
|
RM 585,000
|
RM 485
|
1,206 sqft
|
|
|
|
Jalan Riang 22/2
|
RM 518,000
|
RM 430
|
1,206 sqft
|
|
|
Jalan Riang 23
|
RM 5,950,000
|
RM 142
|
42,045 sqft
|
|
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Market Snapshot
CommercialRM 592,500
RM 457 psfMedian transaction price
Jalan Perindustrian, Taman Desa Rahmat, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia
MapsPerindustrian Gembira in Johor Bahru, Johor recorded 4 subsale transactions in 2022, with a median price of RM 593K and a median price per square foot (PSF) of RM 457.
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 593K, with most transactions falling within a stable range of RM 518K to RM 2.92 million, and a typical market range of RM 518K to RM 1.12 million.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 457, though individual units vary from RM 313 to RM 602 in the core range. The broader market spans RM 412.59 to RM 502.34, indicating diverse property characteristics. A wider spread (IQR: RM 89.75) and deviation (MAD: RM 145) 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.