Area Intelligence

TMN MASAI UTAMA

5 properties
2023
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Median Price
RM 500,000
PSF: RM 325

Commercial Market

Median Price

RM 500,000

IQR: RM 46
MAD: RM 29
RM 325 PSF 6.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MASAI UTAMA in Johor Bahru, Johor recorded 5 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 325.

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 500K, with most transactions falling within a stable range of RM 443K to RM 557K, and a typical market range of RM 465K to RM 535K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 325, with core pricing between RM 288 and RM 362. Market pricing typically extends from RM 302.00 to RM 348.00, reflecting moderate variation in unit pricing. With an IQR of RM 46.00 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN MASAI UTAMA, Johor Bahru, Johor

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Transactions

5 properties grouped by size

1,550 sqft
5 units
RM 600,000
3-Storey Storey Shop JLN MASAI UTAMA 1
1,539 sqft · RM 390.00 PSF
Nov 2023
RM 500,000
Double Storey Shop JLN MASAI UTAMA 2
1,539 sqft · RM 325.00 PSF
Oct 2023
RM 500,000
Double Storey Shop JLN MASAI UTAMA 2
1,539 sqft · RM 325.00 PSF
Oct 2023
RM 430,000
Double Storey Shop JLN MASAI UTAMA 2
1,539 sqft · RM 279.00 PSF
Jul 2023
RM 460,000
Double Storey Shop JLN MASAI UTAMA 2
1,539 sqft · RM 299.00 PSF
Jul 2023