Area Intelligence

PEKAN MASAI

12 properties
Favorite WhatsApp
Median Price
RM 1,200,000
PSF: RM 575

Commercial Market

Median Price

RM 1,200,000

IQR: RM 345
MAD: RM 168
RM 575 PSF 13.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN MASAI in Johor Bahru, Johor recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 575.

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 1.20 million, with most transactions falling within a stable range of RM 710K to RM 1.69 million, and a typical market range of RM 898K to RM 1.50 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 575, though individual units vary from RM 407 to RM 743 in the core range. The broader market spans RM 402.38 to RM 747.63, indicating diverse property characteristics. A wider spread (IQR: RM 345.25) and deviation (MAD: RM 168) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

Loading map...

PEKAN MASAI, Johor Bahru, Johor

OSM

Filter by type, year, price, and size

Transactions

12 properties grouped by size

1,400 sqft
7 units
RM 580,000
Double Storey Shop JLN TANJONG
1,400 sqft · RM 414.00 PSF
Oct 2024
RM 1,350,000
3-Storey Storey Shop JLN MAWAR
1,399 sqft · RM 965.00 PSF
Jun 2024
RM 528,000
Double Storey Shop JLN TANJONG
1,400 sqft · RM 377.00 PSF
May 2024
RM 700,000
Double Storey Shop JLN TERATAI
1,415 sqft · RM 495.00 PSF
Feb 2024
RM 560,000
Double Storey Shop JLN PASAR
1,400 sqft · RM 400.00 PSF
Dec 2023
RM 1,250,000
3-Storey Storey Shop JLN MAWAR
1,400 sqft · RM 893.00 PSF
May 2023
RM 1,680,000
3-Storey Storey Shop JLN MAWAR
1,399 sqft · RM 1,201.00 PSF
Apr 2023
1,750 sqft
3 units Double Storey Shop
RM 700,000
JLN KIAMBANG
1,760 sqft · RM 398.00 PSF
Feb 2024
RM 1,200,000
JLN KIAMBANG
1,760 sqft · RM 682.00 PSF
Feb 2024
RM 1,250,000
JLN KIAMBANG
1,760 sqft · RM 710.00 PSF
Aug 2022
2,250 sqft
1 units 3-Storey Storey Shop
RM 1,200,000
JLN MAWAR
2,240 sqft · RM 536.00 PSF
Dec 2024
4,050 sqft
1 units Double Storey Shop
RM 2,500,000
JLN KIAMBANG
4,073 sqft · RM 614.00 PSF
Aug 2022