PEKAN MASAI
Commercial Market
Median Price
RM 1,200,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
8 properties
Median Price
RM 700,000
-38.9% CAGR
Median PSF
RM 414.00
-20.9% CAGR
3-Storey Storey Shop
4 properties
Median Price
RM 1,370,000
-13.0% CAGR
Median PSF
RM 898.75
-28.3% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 8 |
RM 700,000
±140K MAD
|
-38.90% |
RM 414.00
±14 MAD
|
-20.92% | |
3-Storey Storey Shop | 4 |
RM 1,370,000
±95K MAD
|
-12.97% |
RM 898.75
±148 MAD
|
-28.32% |
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.
Filter by type, year, price, and size
Transactions
12 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN TANJONG
|
RM 580,000
|
RM 414.00
|
1,400 sqft
|
Oct 2024
|
Double Storey Shop |
JLN MAWAR
|
RM 1,350,000
|
RM 965.00
|
1,399 sqft
|
Jun 2024
|
3-Storey Storey Shop |
JLN TANJONG
|
RM 528,000
|
RM 377.00
|
1,400 sqft
|
May 2024
|
Double Storey Shop |
JLN TERATAI
|
RM 700,000
|
RM 495.00
|
1,415 sqft
|
Feb 2024
|
Double Storey Shop |
JLN PASAR
|
RM 560,000
|
RM 400.00
|
1,400 sqft
|
Dec 2023
|
Double Storey Shop |
JLN MAWAR
|
RM 1,250,000
|
RM 893.00
|
1,400 sqft
|
May 2023
|
3-Storey Storey Shop |
JLN MAWAR
|
RM 1,680,000
|
RM 1,201.00
|
1,399 sqft
|
Apr 2023
|
3-Storey Storey Shop |
JLN KIAMBANG
|
RM 700,000
|
RM 398.00
|
1,760 sqft
|
Feb 2024
|
|
JLN KIAMBANG
|
RM 1,200,000
|
RM 682.00
|
1,760 sqft
|
Feb 2024
|
|
JLN KIAMBANG
|
RM 1,250,000
|
RM 710.00
|
1,760 sqft
|
Aug 2022
|
JLN MAWAR
|
RM 1,200,000
|
RM 536.00
|
2,240 sqft
|
Dec 2024
|
JLN KIAMBANG
|
RM 2,500,000
|
RM 614.00
|
4,073 sqft
|
Aug 2022
|