Area Intelligence

PEKAN MASAI

12 properties
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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

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PEKAN MASAI, Johor Bahru, Johor

OSM

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Transactions

12 properties found

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