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Market Snapshot
CommercialRM 815,000
RM 487 psfMedian transaction price
Kampung Oren, Ulu Tiram, Johor Darul Ta'zim, Malaysia
MapsTiram Commercial Centre in Johor Bahru, Johor recorded 0 subsale transactions in 2022, with a median price of RM 815K and a median price per square foot (PSF) of RM 487.
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 815K, with most transactions falling within a stable range of RM 780K to RM 850K, and a typical market range of RM 798K to RM 833K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 487, with most transactions between RM 467 and RM 507. The usual range is RM 477.00 to RM 497.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 20.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.