PUSAT PERNIAGAAN MAS MERAH

PUSAT PERNIAGAAN MAS MERAH in Muar, Johor recorded 6 subsale transactions in 2023, with a median price of RM 888K and a median price per square foot (PSF) of RM 583.

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 888K, with most transactions falling within a stable range of RM 740K to RM 1.14 million, and a typical market range of RM 740K to RM 1.07 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 583, with core pricing between RM 475 and RM 691. Market pricing typically extends from RM 498.50 to RM 667.50, reflecting moderate variation in unit pricing. The spread of RM 169.00 (IQR) and deviation of RM 108 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.