Area Intelligence

OFF JLN MASA LAMA ( DEKAT MAKRO)

1 properties
2023
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Median Price
RM 1,570,000
PSF: RM 591

Commercial Market

Median Price

RM 1,570,000

IQR: RM 174
MAD: RM 89
RM 591 PSF 22.3%

PSF Trends (2021-2025)

OFF JLN MASA LAMA ( DEKAT MAKRO) in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 1.57 million and a median price per square foot (PSF) of RM 591.

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 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 591, with most transactions between RM 591 and RM 591. The usual range is RM 504.00 to RM 678.00, showing that most units are priced quite close to each other. With an IQR of RM 174.00 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.

Area Location

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OFF JLN MASA LAMA ( DEKAT MAKRO), Johor Bahru, Johor

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Transactions

1 properties found

3-Storey Storey Shop JLN MASAI JAYA 1
RM 1,570,000
2,659 sqft Feb 2023
RM 591.00 PSF