Area Intelligence

TMN PERINDUSTRIAN TROPIKA

11 properties
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Median Price
RM 6,600,000
PSF: RM 174

Commercial Market

Median Price

RM 2,550,000

IQR: RM 5
MAD: RM 5
RM 259 PSF 1.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PERINDUSTRIAN TROPIKA in Johor Bahru, Johor recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 6.60 million and a median price per square foot (PSF) of RM 174.

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 6.60 million, with most transactions falling within a stable range of RM 5.05 million to RM 8.15 million, and a typical market range of RM 5.60 million to RM 7.61 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 174, with core pricing between RM 150 and RM 198. Market pricing typically extends from RM 159.25 to RM 188.75, reflecting moderate variation in unit pricing. With an IQR of RM 29.50 and MAD of RM 24, 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 TROPIKA, Johor Bahru, Johor

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Transactions

11 properties grouped by size

9,850 sqft
2 units Semi-D Factory
RM 2,600,000
JLN DESA TROPIKA 2/1
9,838 sqft · RM 264.00 PSF
Oct 2023
RM 2,500,000
JLN DESA TROPIKA 1
9,838 sqft · RM 254.00 PSF
Aug 2021
36,000 sqft
1 units Detached Factory
RM 6,280,000
JLN DESA TROPIKA 1/1
35,995 sqft · RM 174.00 PSF
Dec 2022
38,300 sqft
1 units Detached Factory
RM 6,500,000
JLN DESA TROPIKA 1
38,287 sqft · RM 170.00 PSF
Jul 2023
41,200 sqft
1 units Detached Factory
RM 8,150,000
JALAN DESA TROPIKA 2/2
41,193 sqft · RM 198.00 PSF
Apr 2024
43,900 sqft
1 units Detached Factory
RM 6,600,000
JLN DESA TROPIKA 1
43,906 sqft · RM 150.00 PSF
Jul 2023
44,250 sqft
1 units Detached Factory
RM 6,350,000
JLN DESA TROPIKA 1
44,229 sqft · RM 144.00 PSF
Apr 2022
46,650 sqft
1 units Detached Factory
RM 6,600,000
JLN DESA TROPIKA 1
46,662 sqft · RM 141.00 PSF
Mar 2022
47,900 sqft
1 units Detached Factory
RM 8,500,000
JLN DESA TROPIKA 1/3
47,889 sqft · RM 177.00 PSF
Oct 2024
50,450 sqft
1 units Detached Factory
RM 8,500,000
JALAN DESA TROPIKA 1
50,450 sqft · RM 168.00 PSF
Sep 2022
72,650 sqft
1 units Detached Factory
RM 13,000,000
JLN DESA TROPIKA 1
72,667 sqft · RM 179.00 PSF
May 2024