Area Intelligence

TMN PERINDUSTRIAN MAJU CEMERLANG

8 properties
2023
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Median Price
RM 2,825,000
PSF: RM 253

Commercial Market

Median Price

RM 2,825,000

IQR: RM 136
MAD: RM 70
RM 253 PSF 16.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PERINDUSTRIAN MAJU CEMERLANG in Johor Bahru, Johor recorded 8 subsale transactions in 2023, with a median price of RM 2.83 million and a median price per square foot (PSF) of RM 253.

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 2.83 million, with most transactions falling within a stable range of RM 1.50 million to RM 6.01 million, and a typical market range of RM 1.97 million to RM 3.68 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 253, though individual units vary from RM 169 to RM 336 in the core range. The broader market spans RM 178.00 to RM 327.00, indicating diverse property characteristics. A wider spread (IQR: RM 149.00) and deviation (MAD: RM 84) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PERINDUSTRIAN MAJU CEMERLANG, Johor Bahru, Johor

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Transactions

8 properties grouped by size

4,000 sqft
2 units Terraced Factory
RM 1,824,000
JLN MAJU CEMERLANG 1
4,000 sqft · RM 456.00 PSF
Sep 2023
RM 1,500,000
JLN MAJU CEMERLANG 1
4,000 sqft · RM 375.00 PSF
Feb 2023
11,250 sqft
1 units Semi-D Factory
RM 3,150,000
JLN MAJU CEMERLANG 4
11,238 sqft · RM 280.00 PSF
Jan 2023
11,500 sqft
1 units Semi-D Factory
RM 2,500,000
JLN PERSIARAN MAJU CEMERLANG
11,507 sqft · RM 217.00 PSF
Jul 2023
11,550 sqft
1 units Semi-D Factory
RM 2,500,000
JLN PERSIARAN MAJU CEMERLANG
11,560 sqft · RM 216.00 PSF
Dec 2023
15,500 sqft
1 units Semi-D Factory
RM 3,770,000
JLN MAJU CEMERLANG 1
15,513 sqft · RM 243.00 PSF
Jan 2023
19,050 sqft
1 units Semi-D Factory
RM 4,980,000
JLN MAJU CEMERLANG 3
19,041 sqft · RM 262.00 PSF
Aug 2023
59,350 sqft
1 units Detached Factory
RM 12,000,000
JLN MAJU CEMERLANG 6
59,374 sqft · RM 202.00 PSF
Jun 2023