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 1 subsale transactions in 2021, with a median price of RM 10.00 million and a median price per square foot (PSF) of RM 46.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 46, with most transactions between RM 46 and RM 46. The usual range is RM 32.13 to RM 59.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 27.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.