Area Intelligence

CBD

5 properties
2024
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Median Price
RM 3,000,000
PSF: RM 1,838

Residential Market

Median Price

RM 574,000

IQR: RM 9
MAD: RM 5
RM 605 PSF 8.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 3,000,000

IQR: RM 625
MAD: RM 329
RM 1,838 PSF 14.0%

PSF Trends (2021-2025)

CBD in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 1,838.

This area contains both residential and commercial properties. View 18 residential properties or 20 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 3.00 million, with most transactions falling within a stable range of RM 1.31 million to RM 4.69 million, and a typical market range of RM 1.70 million to RM 4.30 million.

Most transactions involved service apartment, with high diversity across multiple property types.

The median PSF stands at RM 1,838, with core pricing between RM 1,613 and RM 2,063. Market pricing typically extends from RM 1,170.50 to RM 2,505.50, reflecting moderate variation in unit pricing. With an IQR of RM 1,335.00 and MAD of RM 225, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CBD, Johor Bahru, Johor

OSM

Transactions

5 properties found

Double Storey Shop JLN WONG AH FOOK
RM 2,500,000
1,525 sqft Sep 2024
RM 1,639.00 PSF
3-Storey Storey Shop JLN LEKAS
RM 6,000,000
3,265 sqft Sep 2024
RM 1,838.00 PSF
Double Storey Shop JLN TRUS
RM 3,000,000
1,399 sqft Aug 2024
RM 2,144.00 PSF
Double Storey Shop JLN TRUS
RM 3,100,000
1,434 sqft Aug 2024
RM 2,162.00 PSF
Single Storey Shop JLN TAN HIOK NEE
RM 750,000
449 sqft Jan 2024
RM 1,671.00 PSF