Area Intelligence

DANGA UTAMA

5 properties
2023
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Median Price
RM 734,000
PSF: RM 379

Commercial Market

Median Price

RM 734,000

IQR: RM 701
MAD: RM 365
RM 379 PSF 21.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

DANGA UTAMA in Johor Bahru, Johor recorded 5 subsale transactions in 2023, with a median price of RM 734K and a median price per square foot (PSF) of RM 379.

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 734K, with most transactions falling within a stable range of RM 211K to RM 1.46 million, and a typical market range of RM 211K to RM 1.34 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 379, though individual units vary from RM 0 to RM 759 in the core range. The broader market spans RM 28.38 to RM 729.63, indicating diverse property characteristics. A wider spread (IQR: RM 701.25) and deviation (MAD: RM 380) 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

1,500 sqft
2 units Shop/Retail Lot
RM 422,000
1,485 sqft · RM 284.00 PSF
May 2023
RM 211,000
1,485 sqft · RM 142.00 PSF
May 2023
1,750 sqft
1 units 3-Storey Storey Shop
RM 1,830,000
JLN PERTAMA 1
1,765 sqft · RM 1,037.00 PSF
Dec 2023
1,900 sqft
1 units 3-Storey Storey Shop
RM 1,950,000
JLN PERTAMA 4
1,916 sqft · RM 1,018.00 PSF
Jun 2023
1,950 sqft
1 units Shop/Retail Lot
RM 734,000
1,938 sqft · RM 379.00 PSF
May 2023