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Market Snapshot
CommercialRM 625,000
RM 420 psfMedian transaction price
Jalan Bakri, Kampung Parit Keroma Darat, 84000 Muar, Johor Darul Ta'zim, Malaysia
MapsPusat Perniagaan Bakri in Muar, Johor recorded 0 subsale transactions in 2023, with a median price of RM 625K and a median price per square foot (PSF) of RM 420.
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 625K, with most transactions falling within a stable range of RM 600K to RM 650K, and a typical market range of RM 562K to RM 688K.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 420, with most transactions between RM 403 and RM 438. The usual range is RM 391.50 to RM 448.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
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.