CBD
Residential Market
Median Price
RM 574,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 5,050,000
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 2 subsale transactions in 2021, with a median price of RM 5.05 million and a median price per square foot (PSF) of RM 2,887.
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 5.05 million, with most transactions falling within a stable range of RM 4.00 million to RM 6.10 million, and a typical market range of RM 4.00 million to RM 6.10 million.
Most transactions involved service apartment, with high diversity across multiple property types.
Price per square foot shows a median of RM 2,887, though individual units vary from RM 2,166 to RM 3,608 in the core range. The broader market spans RM 2,219.50 to RM 3,554.50, indicating diverse property characteristics. The spread of RM 1,335.00 (IQR) and deviation of RM 721 (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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN WONG AH FOOK
|
RM 6,100,000
|
RM 3,608.00
|
1,691 sqft
|
Dec 2021
|
JLN WONG AH FOOK
|
RM 4,000,000
|
RM 2,166.00
|
1,847 sqft
|
Nov 2021
|