MEDAN CAHAYA
Commercial Market
Median Price
RM 1,200,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
5-Storey Storey Shop
4 properties
Median Price
RM 1,400,000
+54.5% CAGR
Median PSF
RM 909.50
+54.4% CAGR
4-Storey Storey Shop
2 properties
Median Price
RM 1,175,000
-4.2% CAGR
Median PSF
RM 782.50
+0.9% CAGR
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 5-Storey Storey Shop | 4 |
RM 1,400,000
±300K MAD
|
+54.55% |
RM 909.50
±195 MAD
|
+54.41% | |
| 4-Storey Storey Shop | 2 |
RM 1,175,000
±25K MAD
|
-4.17% |
RM 782.50
±4 MAD
|
+0.90% |
MEDAN CAHAYA in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 779.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 5 - 5 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 779, with most transactions between RM 779 and RM 779. The usual range is RM 748.88 to RM 809.13, showing that most units are priced quite close to each other. With an IQR of RM 60.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN TUN ABD RAZAK SUSUR 1
|
RM 1,200,000
|
RM 779.00
|
1,540 sqft
|
Aug 2023
|