Area Intelligence

TMN NESA

2 properties
2024
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Median Price
RM 444,000
PSF: RM 289

Commercial Market

Median Price

RM 444,000

IQR: RM 38
MAD: RM 2
RM 289 PSF 6.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN NESA in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 444K and a median price per square foot (PSF) of RM 289.

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 444K, with most transactions falling within a stable range of RM 388K to RM 500K, and a typical market range of RM 388K to RM 500K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 289, with core pricing between RM 252 and RM 325. Market pricing typically extends from RM 269.75 to RM 307.25, reflecting moderate variation in unit pricing. With an IQR of RM 37.50 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN NESA, Johor Bahru, Johor

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Transactions

2 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 388,000
JLN RONGGENG 19
1,539 sqft · RM 252.00 PSF
Aug 2024
RM 500,000
JLN RONGGENG 19
1,539 sqft · RM 325.00 PSF
May 2024