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 grouped by size

450 sqft
1 units Single Storey Shop
RM 750,000
JLN TAN HIOK NEE
449 sqft · RM 1,671.00 PSF
Jan 2024
1,400 sqft
1 units Double Storey Shop
RM 3,000,000
JLN TRUS
1,399 sqft · RM 2,144.00 PSF
Aug 2024
1,450 sqft
1 units Double Storey Shop
RM 3,100,000
JLN TRUS
1,434 sqft · RM 2,162.00 PSF
Aug 2024
1,550 sqft
1 units Double Storey Shop
RM 2,500,000
JLN WONG AH FOOK
1,525 sqft · RM 1,639.00 PSF
Sep 2024
3,250 sqft
1 units 3-Storey Storey Shop
RM 6,000,000
JLN LEKAS
3,265 sqft · RM 1,838.00 PSF
Sep 2024