TIONG NAM BUSINESS PARK @ KEMPAS II

2 properties

2024

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Median Price

RM 979,000

PSF: RM 636

Commercial Market

Median Price

RM 979,000

IQR: RM 0

RM 636 PSF 0.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Semi-D Factory

6 properties

Median Price

RM 2,725,000

+7.4% CAGR

Median PSF

RM 291.00

-8.8% CAGR

Double Storey Shop

5 properties

Median Price

RM 979,000

Median PSF

RM 635.50

+0.2% CAGR

3-Storey Storey Shop

1 properties

Median Price

RM 1,250,000

Median PSF

RM 608.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Semi-D Factory	6	RM 2,725,000 ±225K MAD	+7.43%	RM 291.00 ±71 MAD	-8.83%
Double Storey Shop	5	RM 979,000	-	RM 635.50 ±1 MAD	+0.16%
3-Storey Storey Shop	1	RM 1,250,000	-	RM 608.00	-

TIONG NAM BUSINESS PARK @ KEMPAS II in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 979K and a median price per square foot (PSF) of RM 636.

This area consists exclusively of commercial properties, with no residential listings recorded.

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

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 636, with most transactions between RM 636 and RM 636. The usual range is RM 635.88 to RM 636.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.