TMN NESA
Commercial Market
Median Price
RM 444,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
12 properties
Median Price
RM 263,000
+19.8% CAGR
Median PSF
RM 162.00
+34.3% CAGR
Low-Cost House
8 properties
Median Price
RM 122,500
+18.6% CAGR
Median PSF
RM 102.25
+15.4% CAGR
Single Storey Shop
3 properties
Median Price
RM 172,500
+30.0% CAGR
Median PSF
RM 111.50
+8.4% CAGR
Double Storey Shop
3 properties
Median Price
RM 541,000
-16.6% CAGR
Median PSF
RM 307.75
-6.1% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 12 |
RM 263,000
±5K MAD
|
+19.81% |
RM 162.00
±15 MAD
|
+34.28% | |
Low-Cost House | 8 |
RM 122,500
±8K MAD
|
+18.56% |
RM 102.25
±9 MAD
|
+15.40% | |
Single Storey Shop | 3 |
RM 172,500
±23K MAD
|
+30.00% |
RM 111.50
±5 MAD
|
+8.41% | |
Double Storey Shop | 3 |
RM 541,000
±97K MAD
|
-16.58% |
RM 307.75
±19 MAD
|
-6.07% |
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN RONGGENG 19
|
RM 388,000
|
RM 252.00
|
1,539 sqft
|
Aug 2024
|
|
JLN RONGGENG 19
|
RM 500,000
|
RM 325.00
|
1,539 sqft
|
May 2024
|