PUSAT KOMERSIAL GEMILANG BAKRI

Area Intelligence
4 subsale transactions
2022
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Median Price
RM 1,283,000
PSF: RM 686

Commercial PSF Trends

Median Price

RM 1,283,000

RM 686 PSF

PUSAT KOMERSIAL GEMILANG BAKRI in Muar, Johor recorded 4 subsale transactions in 2022, with a median price of RM 1.28 million and a median price per square foot (PSF) of RM 686.

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 1.28 million, with most transactions falling within a stable range of RM 1.10 million to RM 2.17 million, and a typical market range of RM 1.13 million to RM 1.44 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 686, though individual units vary from RM 516 to RM 856 in the core range. The broader market spans RM 645.00 to RM 727.00, indicating diverse property characteristics. The spread of RM 82.00 (IQR) and deviation of RM 170 (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.

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PUSAT KOMERSIAL GEMILANG BAKRI, Muar, Johor

OSM

Transactions

4 transactions found

RM 1,098,000
JALAN BAKRI
1,540 sqft RM 713.00 PSF
Dec 2022
RM 3,250,000
JALAN GEMILANG BAKRI 1
3,134 sqft RM 1,037.00 PSF
Sep 2022
RM 1,098,000
JALAN GEMILANG BAKRI 1
1,667 sqft RM 659.00 PSF
Aug 2022
RM 1,468,000
JALAN GEMILANG BAKRI 1 (P/LOT 4816)
2,468 sqft RM 595.00 PSF
Aug 2022