Area Intelligence

TIRAM COMMERCIAL CENTRE

2 properties
2023
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Median Price
RM 745,000
PSF: RM 484

Commercial Market

Median Price

RM 745,000

IQR: RM 219
MAD: RM 114
RM 484 PSF 37.1%

PSF Trends (2021-2025)

TIRAM COMMERCIAL CENTRE in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 745K and a median price per square foot (PSF) of RM 484.

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 745K, with most transactions falling within a stable range of RM 660K to RM 830K, and a typical market range of RM 660K to RM 830K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 484, though individual units vary from RM 374 to RM 593 in the core range. The broader market spans RM 374.00 to RM 593.00, indicating diverse property characteristics. The spread of RM 219.00 (IQR) and deviation of RM 110 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TIRAM COMMERCIAL CENTRE, Johor Bahru, Johor

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Transactions

2 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 830,000
JLN MANGGIS
1,400 sqft · RM 593.00 PSF
Jun 2023
1,750 sqft
1 units Double Storey Shop
RM 660,000
JLN CEMPEDAK 1
1,765 sqft · RM 374.00 PSF
Jun 2023