TIONG NAM BUSINESS PARK @ KEMPAS II

Area Intelligence
8 subsale transactions
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Median Price
RM 2,750,000
PSF: RM 294

Commercial PSF Trends

Median Price

RM 2,750,000

RM 294 PSF

TIONG NAM BUSINESS PARK @ KEMPAS II in Johor Bahru, Johor recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 2.75 million and a median price per square foot (PSF) of RM 294.

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 2.75 million, with most transactions falling within a stable range of RM 2.40 million to RM 3.10 million, and a typical market range of RM 2.28 million to RM 3.23 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 294, though individual units vary from RM 220 to RM 368 in the core range. The broader market spans RM 208.38 to RM 379.63, indicating diverse property characteristics. A wider spread (IQR: RM 171.25) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TIONG NAM BUSINESS PARK @ KEMPAS II, Johor Bahru, Johor

OSM

Transactions

8 transactions found

RM 3,100,000
JALAN KEMPAS UTAMA 3/7
10,452 sqft RM 297.00 PSF
Aug 2024
RM 3,263,000
JALAN KEMPAS LAMA 2/7
11,194 sqft RM 291.00 PSF
Jul 2024
RM 3,100,000
JALAN KEMPAS UTAMA 3/8
13,444 sqft RM 231.00 PSF
Jul 2024
RM 750,000
JALAN KEMPAS LAMA 2/1
1,679 sqft RM 447.00 PSF
Dec 2023
RM 2,450,000
JALAN KEMPAS LAMA 2/7
11,194 sqft RM 219.00 PSF
Nov 2023
RM 3,000,000
JALAN KARAS
13,595 sqft RM 221.00 PSF
Jun 2023
RM 1,250,000
JALAN KEMPAS LAMA 2/1
2,056 sqft RM 608.00 PSF
Apr 2022
RM 2,500,000
JALAN KEMPAS LAMA 1
6,512 sqft RM 384.00 PSF
Dec 2021