Area Intelligence

CBD

19 properties
2022
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Median Price
RM 574,000
PSF: RM 606

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 4,800,000

IQR: RM 625
MAD: RM 329
RM 2,143 PSF 14.0%

PSF Trends (2021-2025)

CBD in Johor Bahru, Johor recorded 19 subsale transactions in 2022, with a median price of RM 574K and a median price per square foot (PSF) of RM 606.

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 574K, with most transactions falling within a stable range of RM 414K to RM 2.39 million, and a typical market range of RM 414K to RM 1.87 million.

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

Price per square foot shows a median of RM 606, though individual units vary from RM 0 to RM 1,280 in the core range. The broader market spans RM 0.00 to RM 1,273.50, indicating diverse property characteristics. A wider spread (IQR: RM 1,335.00) and deviation (MAD: RM 674) 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.

Area Location

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CBD, Johor Bahru, Johor

OSM

Transactions

19 properties grouped by size

750 sqft
1 units Service Apartment
RM 414,000
753 sqft · RM 549.00 PSF
Oct 2022
900 sqft
3 units Service Apartment
RM 591,000
904 sqft · RM 654.00 PSF
Nov 2022
RM 591,000
904 sqft · RM 654.00 PSF
May 2022
RM 574,000
904 sqft · RM 635.00 PSF
May 2022
950 sqft
11 units (showing 6) Service Apartment
RM 569,000
947 sqft · RM 601.00 PSF
Nov 2022
RM 569,000
947 sqft · RM 601.00 PSF
Oct 2022
RM 567,000
947 sqft · RM 599.00 PSF
Sep 2022
RM 572,000
947 sqft · RM 604.00 PSF
Sep 2022
RM 574,000
947 sqft · RM 606.00 PSF
Sep 2022
RM 576,000
947 sqft · RM 608.00 PSF
Sep 2022
1,250 sqft
1 units Service Apartment
RM 579,000
1,238 sqft · RM 468.00 PSF
May 2022
1,850 sqft
1 units 3-Storey Storey Shop
RM 3,200,000
JLN TRUS
1,856 sqft · RM 1,724.00 PSF
Jun 2022
2,250 sqft
1 units 6-Storey Storey Shop
RM 4,800,000
JLN SEGGET
2,240 sqft · RM 2,143.00 PSF
Feb 2022
2,400 sqft
1 units 5-Storey Storey Shop
RM 7,500,000
JLN WONG AH FOOK - JLN STESEN
2,401 sqft · RM 3,124.00 PSF
Nov 2022