PUSAT KOMERSIAL GAMBIR in Tangkak, Johor recorded 7 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 457.
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 850K, with most transactions falling within a stable range of RM 750K to RM 950K, and a typical market range of RM 723K to RM 977K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 457, with core pricing between RM 385 and RM 529. Market pricing typically extends from RM 392.00 to RM 522.00, reflecting moderate variation in unit pricing. The spread of RM 130.00 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.
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.