CBD
Residential Market
Median Price
RM 523,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 2,800,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
18 properties
Median Price
RM 548,500
-8.9% CAGR
Median PSF
RM 578.50
-8.8% CAGR
Double Storey Shop
8 properties
Median Price
RM 2,600,000
+36.4% CAGR
Median PSF
RM 1,758.50
+56.2% CAGR
4-Storey Storey Shop
4 properties
Median Price
RM 3,650,000
-9.2% CAGR
Median PSF
RM 2,056.00
-5.2% CAGR
Single Storey Shop
2 properties
Median Price
RM 1,525,000
-67.4% CAGR
Median PSF
RM 1,424.50
+41.9% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 4,600,000
+36.9% CAGR
Median PSF
RM 1,781.00
+3.3% CAGR
5-Storey Storey Shop
2 properties
Median Price
RM 6,800,000
+23.0% CAGR
Median PSF
RM 3,366.00
-13.4% CAGR
6-Storey Storey Shop
2 properties
Median Price
RM 8,400,000
+35.7% CAGR
Median PSF
RM 3,212.00
+25.9% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Service Apartment | 18 |
RM 548,500
±26K MAD
|
-8.89% |
RM 578.50
±27 MAD
|
-8.76% | |
Double Storey Shop | 8 |
RM 2,600,000
±400K MAD
|
+36.36% |
RM 1,758.50
±386 MAD
|
+56.15% | |
4-Storey Storey Shop | 4 |
RM 3,650,000
±350K MAD
|
-9.17% |
RM 2,056.00
±110 MAD
|
-5.21% | |
Single Storey Shop | 2 |
RM 1,525,000
±775K MAD
|
-67.39% |
RM 1,424.50
±247 MAD
|
+41.85% | |
3-Storey Storey Shop | 2 |
RM 4,600,000
±1,400K MAD
|
+36.93% |
RM 1,781.00
±57 MAD
|
+3.25% | |
5-Storey Storey Shop | 2 |
RM 6,800,000
±700K MAD
|
+22.95% |
RM 3,366.00
±242 MAD
|
-13.41% | |
6-Storey Storey Shop | 2 |
RM 8,400,000
±3,600K MAD
|
+35.72% |
RM 3,212.00
±1,069 MAD
|
+25.94% |
CBD in Johor Bahru, Johor recorded 11 subsale transactions in 2023, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 1,373.
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 2.30 million, with most transactions falling within a stable range of RM 1.17 million to RM 3.43 million, and a typical market range of RM 1,000K to RM 3.60 million.
Most transactions involved service apartment, with high diversity across multiple property types.
Price per square foot shows a median of RM 1,373, though individual units vary from RM 743 to RM 2,003 in the core range. The broader market spans RM 705.50 to RM 2,040.50, indicating diverse property characteristics. A wider spread (IQR: RM 1,335.00) and deviation (MAD: RM 630) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
11 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 470,000
|
RM 496.00
|
947 sqft
|
Jul 2023
|
||
RM 576,000
|
RM 608.00
|
947 sqft
|
Jun 2023
|
JLN LEE THYE HENG
|
RM 3,000,000
|
RM 2,297.00
|
1,306 sqft
|
Aug 2023
|
JLN TRUS
|
RM 1,750,000
|
RM 1,148.00
|
1,524 sqft
|
Oct 2023
|
JLN TRUS
|
RM 1,750,000
|
RM 1,144.00
|
1,530 sqft
|
Oct 2023
|
JLN WONG AH FOOK
|
RM 2,200,000
|
RM 1,373.00
|
1,602 sqft
|
Jan 2023
|
JLN WONG AH FOOK
|
RM 3,300,000
|
RM 1,946.00
|
1,696 sqft
|
Nov 2023
|
|
JLN WONG AH FOOK
|
RM 3,300,000
|
RM 1,926.00
|
1,713 sqft
|
Nov 2023
|
|
JLN WONG AH FOOK
|
RM 4,400,000
|
RM 2,585.00
|
1,702 sqft
|
Apr 2023
|
JLN TRUS
|
RM 2,300,000
|
RM 1,178.00
|
1,952 sqft
|
Aug 2023
|
JLN WONG AH FOOK
|
RM 2,800,000
|
RM 1,380.00
|
2,029 sqft
|
Jan 2023
|