Area Intelligence

DANGA UTAMA

5 properties
2024
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Median Price
RM 1,260,000
PSF: RM 544

Commercial Market

Median Price

RM 1,260,000

IQR: RM 701
MAD: RM 365
RM 544 PSF 21.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DANGA UTAMA in Johor Bahru, Johor recorded 5 subsale transactions in 2024, with a median price of RM 1.26 million and a median price per square foot (PSF) of RM 544.

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 1.26 million, with most transactions falling within a stable range of RM 855K to RM 1.42 million, and a typical market range of RM 658K to RM 1.42 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 544, though individual units vary from RM 353 to RM 735 in the core range. The broader market spans RM 193.38 to RM 894.63, indicating diverse property characteristics. A wider spread (IQR: RM 701.25) and deviation (MAD: RM 191) 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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DANGA UTAMA, Johor Bahru, Johor

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Transactions

5 properties grouped by size

2,000 sqft
1 units 3-Storey Storey Shop
RM 1,260,000
JLN PERTAMA 4
1,981 sqft · RM 636.00 PSF
Jun 2024
2,100 sqft
1 units 3-Storey Storey Shop
RM 1,400,000
JLN PERTAMA 1
2,099 sqft · RM 667.00 PSF
Feb 2024
2,300 sqft
2 units
RM 386,000
Office Lot
2,314 sqft · RM 167.00 PSF
Sep 2024
RM 773,000
Shop/Retail Lot
2,314 sqft · RM 334.00 PSF
Sep 2024
2,600 sqft
1 units Shop/Retail Lot
RM 1,417,000
2,605 sqft · RM 544.00 PSF
Sep 2024