Area Intelligence

JOHOR HALAL PARK CAHAYA BARU

1 properties
2023
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Median Price
RM 700,000
PSF: RM 500

Commercial Market

Median Price

RM 700,000

IQR: RM 36
MAD: RM 17
RM 500 PSF 2.0%

PSF Trends (2021-2025)

JOHOR HALAL PARK CAHAYA BARU in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 500.

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 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 500, with most transactions between RM 500 and RM 500. The usual range is RM 482.25 to RM 517.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

Area Location

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JOHOR HALAL PARK CAHAYA BARU, Johor Bahru, Johor

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Transactions

1 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 700,000
JLN IHP 1/1
1,399 sqft · RM 500.00 PSF
Nov 2023