Area Intelligence

TMN PERINDUSTRIAN MAJU CEMERLANG

5 properties
2024
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Median Price
RM 3,806,000
PSF: RM 297

Commercial Market

Median Price

RM 3,806,000

IQR: RM 136
MAD: RM 70
RM 297 PSF 16.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PERINDUSTRIAN MAJU CEMERLANG in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 3.81 million and a median price per square foot (PSF) of RM 297.

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 3.81 million, with most transactions falling within a stable range of RM 3.33 million to RM 4.97 million, and a typical market range of RM 3.33 million to RM 4.66 million.

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

The median PSF stands at RM 297, with core pricing between RM 267 and RM 327. Market pricing typically extends from RM 222.50 to RM 371.50, reflecting moderate variation in unit pricing. With an IQR of RM 149.00 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. 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

5 properties grouped by size

11,250 sqft
2 units Semi-D Factory
RM 3,450,000
JLN MAJU CEMERLANG
11,238 sqft · RM 307.00 PSF
Jul 2024
RM 3,332,000
JLN MAJU CEMERLANG 4
11,238 sqft · RM 297.00 PSF
Mar 2024
13,350 sqft
1 units Semi-D Factory
RM 3,806,000
JLN MAJU CEMERLANG 4
13,326 sqft · RM 286.00 PSF
Mar 2024
19,050 sqft
1 units Semi-D Factory
RM 4,300,000
JLN MAJU CEMERLANG 2
19,041 sqft · RM 226.00 PSF
Jul 2024
21,150 sqft
1 units Semi-D Factory
RM 6,500,000
JLN MAJU CEMERLANG
21,132 sqft · RM 308.00 PSF
May 2024