OFF MP 11 1/4 JLN J.BAHRU/ULU TIRAM
OFF MP 11 1/4 JLN J.BAHRU/ULU TIRAM in Johor Bahru, Johor recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 7.85 million and a median price per square foot (PSF) of RM 73.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 7.85 million, with most transactions falling within a stable range of RM 4.70 million to RM 11.00 million, and a typical market range of RM 5.13 million to RM 10.57 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 73, though individual units vary from RM 57 to RM 88 in the core range. The broader market spans RM 58.63 to RM 86.38, indicating diverse property characteristics. The spread of RM 27.75 (IQR) and deviation of RM 16 (MAD) suggest moderate price variations reflecting different property features.
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.
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Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
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BT 15 JLN SG TIRAM
|
RM 5,700,000
|
RM 130.00
|
43,712 sqft
|
May 2023
|
OFF BATU 11 JLN JB - ULU TIRAM
|
RM 3,150,000
|
RM 68.00
|
46,282 sqft
|
Mar 2024
|
JLN SG TIRAM
|
RM 12,000,000
|
RM 77.00
|
156,281 sqft
|
Oct 2023
|
BT 14 1/2 JLN SG TIRAM
|
RM 10,000,000
|
RM 46.00
|
217,862 sqft
|
Dec 2021
|