Area Intelligence

TIRAM COMMERCIAL CENTRE

2 properties
2024
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Median Price
RM 804,500
PSF: RM 575

Commercial Market

Median Price

RM 804,500

IQR: RM 219
MAD: RM 114
RM 575 PSF 37.1%

PSF Trends (2021-2025)

TIRAM COMMERCIAL CENTRE in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 805K 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 805K, with most transactions falling within a stable range of RM 670K to RM 939K, and a typical market range of RM 720K to RM 890K.

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

The median PSF stands at RM 575, with core pricing between RM 479 and RM 671. Market pricing typically extends from RM 465.50 to RM 684.50, reflecting moderate variation in unit pricing. The spread of RM 219.00 (IQR) and deviation of RM 96 (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
2 units
RM 670,000
Double Storey Shop JLN DURIAN
1,400 sqft · RM 479.00 PSF
Oct 2024
RM 939,000
4-Storey Storey Shop JLN RAYA
1,400 sqft · RM 671.00 PSF
Mar 2024