Johor
Muar
Jalan Bakri
PUSAT KOMERSIAL GEMILANG BAKRI

PUSAT KOMERSIAL GEMILANG BAKRI

Area Intelligence

2023

Median Price

RM 1,098,000

PSF: RM 695

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Commercial PSF Trends

Median Price

RM 1,098,000

RM 695 PSF

PUSAT KOMERSIAL GEMILANG BAKRI in Muar, Johor recorded 6 subsale transactions in 2023, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 695.

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 1.10 million, with most transactions falling within a stable range of RM 1.10 million to RM 1.52 million, and a typical market range of RM 1.10 million to RM 1.25 million.

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

The median PSF stands at RM 695, with core pricing between RM 588 and RM 802. Market pricing typically extends from RM 655.50 to RM 734.50, reflecting moderate variation in unit pricing. The spread of RM 79.00 (IQR) and deviation of RM 107 (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

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,600 sqft

Double Storey Shop

1,600 sqft

Double Storey Shop

RM 1,098,000

JALAN GEMILANG BAKRI 1

1,579 sqft · RM 695 PSF

Jul 2023

RM 1,098,000

JALAN GEMILANG BAKRI 1

1,579 sqft · RM 695 PSF

Apr 2023

RM 1,098,000

JALAN GEMILANG BAKRI 1 (P/LOT 4816)

1,579 sqft · RM 695 PSF

Apr 2023

RM 1,098,000

JALAN GEMILSNG BAKRI 1

1,579 sqft · RM 695 PSF

Apr 2023

JALAN GEMILANG BAKRI 1	RM 1,098,000	RM 695	1,579 sqft	Jul 2023
JALAN GEMILANG BAKRI 1	RM 1,098,000	RM 695	1,579 sqft	Apr 2023
JALAN GEMILANG BAKRI 1 (P/LOT 4816)	RM 1,098,000	RM 695	1,579 sqft	Apr 2023
JALAN GEMILSNG BAKRI 1	RM 1,098,000	RM 695	1,579 sqft	Apr 2023