Area Intelligence

MERLIN TOWER

2 properties
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Median Price
RM 231,500
PSF: RM 749

Commercial Market

Median Price

RM 231,500

IQR: RM 321
MAD: RM 321
RM 749 PSF 60.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MERLIN TOWER in Johor Bahru, Johor recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 232K and a median price per square foot (PSF) of RM 749.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 232K, with most transactions falling within a stable range of RM 175K to RM 288K, and a typical market range of RM 203K to RM 260K.

Most transactions involved office lot, with moderate diversity in property types available.

Price per square foot shows a median of RM 749, though individual units vary from RM 428 to RM 1,070 in the core range. The broader market spans RM 588.50 to RM 909.50, indicating diverse property characteristics. A wider spread (IQR: RM 321.00) and deviation (MAD: RM 321) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MERLIN TOWER, Johor Bahru, Johor

OSM

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Transactions

2 properties grouped by size

250 sqft
1 units Shop/Retail Lot
RM 288,000
269 sqft · RM 1,070.00 PSF
Oct 2023
400 sqft
1 units Office Lot
RM 175,000
409 sqft · RM 428.00 PSF
Nov 2024