Area Intelligence

TMN PERINDUSTRIAN NUSA CEMERLANG

14 properties
2023
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Median Price
RM 3,000,000
PSF: RM 182

Commercial Market

Median Price

RM 3,000,000

IQR: RM 43
MAD: RM 23
RM 182 PSF 7.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PERINDUSTRIAN NUSA CEMERLANG in Johor Bahru, Johor recorded 14 subsale transactions in 2023, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 182.

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 3.00 million, with most transactions falling within a stable range of RM 2.00 million to RM 6.44 million, and a typical market range of RM 2.00 million to RM 4.09 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 182, with most transactions between RM 164 and RM 200. The usual range is RM 160.00 to RM 204.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 44.00 and an average deviation (MAD) of RM 18 indicate a highly stable PSF trend across properties.

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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TMN PERINDUSTRIAN NUSA CEMERLANG, Johor Bahru, Johor

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Transactions

14 properties grouped by size

10,800 sqft
3 units Semi-D Factory
RM 2,100,000
JLN MEGA 1/5
10,796 sqft · RM 195.00 PSF
Nov 2023
RM 2,050,000
JLN MEGA 1/6
10,796 sqft · RM 190.00 PSF
Jun 2023
RM 2,000,000
JLN MEGA 1/6
10,796 sqft · RM 185.00 PSF
Apr 2023
14,400 sqft
6 units Semi-D Factory
RM 3,000,000
JLN MEGA 1/4
14,402 sqft · RM 208.00 PSF
Dec 2023
RM 2,400,000
JLN MEGA 1/4
14,400 sqft · RM 167.00 PSF
Nov 2023
RM 2,400,000
JLN MEGA 1/4
14,400 sqft · RM 167.00 PSF
Nov 2023
RM 3,000,000
JLN MEGA 1/5
14,391 sqft · RM 208.00 PSF
Nov 2023
RM 3,000,000
JLN MEGA 1/5
14,400 sqft · RM 208.00 PSF
Nov 2023
RM 2,500,000
JLN LAMAN SETIA 7/1
14,391 sqft · RM 174.00 PSF
Sep 2023
20,450 sqft
1 units Semi-D Factory
RM 4,200,000
JLN MEGA 1/6
20,441 sqft · RM 205.00 PSF
Nov 2023
31,150 sqft
1 units Semi-D Factory
RM 5,500,000
JLN MEGA 1/5
31,151 sqft · RM 177.00 PSF
Nov 2023
48,450 sqft
1 units Detached Factory
RM 7,700,000
JLN MEGA 1
48,448 sqft · RM 159.00 PSF
Nov 2023
71,450 sqft
1 units Detached Factory
RM 12,800,000
JLN MEGA 1/9
71,472 sqft · RM 179.00 PSF
Feb 2023
73,450 sqft
1 units Detached Factory
RM 11,400,000
JLN MEGA 1/1
73,474 sqft · RM 155.00 PSF
Nov 2023