Area Intelligence

BUSINESS BOULEVARD @ CENTRAL PARK

11 properties
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Median Price
RM 2,224,000
PSF: RM 1,302

Commercial Market

Median Price

RM 2,224,000

IQR: RM 178
MAD: RM 130
RM 1,302 PSF 10.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

BUSINESS BOULEVARD @ CENTRAL PARK in Johor Bahru, Johor recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 2.22 million and a median price per square foot (PSF) of RM 1,302.

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 2.22 million, with most transactions falling within a stable range of RM 1.93 million to RM 2.52 million, and a typical market range of RM 1.93 million to RM 2.65 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,302, with most transactions between RM 1,172 and RM 1,432. The usual range is RM 1,213.25 to RM 1,390.75, showing that most units are priced quite close to each other. With an IQR of RM 177.50 and MAD of RM 130, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BUSINESS BOULEVARD @ CENTRAL PARK, Johor Bahru, Johor

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Transactions

11 properties grouped by size

1,650 sqft
6 units 3-Storey Storey Shop
RM 1,931,000
OFF PERSIARAN ALIF
1,650 sqft · RM 1,170.00 PSF
Jan 2024
RM 2,224,000
OFF JLN TAMPOI
1,650 sqft · RM 1,348.00 PSF
Dec 2023
RM 1,930,000
BUSINESS BOULEVARD @ CENTRAL PARK
1,650 sqft · RM 1,170.00 PSF
Sep 2023
RM 1,931,000
BUSINESS BOULEVARD @ CENTRAL PARK
1,650 sqft · RM 1,170.00 PSF
Sep 2023
RM 2,224,000
OFF JALAN TAMPOI
1,650 sqft · RM 1,348.00 PSF
May 2023
RM 2,224,000
JLN ALIFF HARMONI 6
1,650 sqft · RM 1,348.00 PSF
Jan 2023
2,250 sqft
3 units 3-Storey Storey Shop
RM 2,635,000
BUSINESS BOULEVARD @ CENTRAL PARK
2,250 sqft · RM 1,171.00 PSF
Sep 2023
RM 2,929,000
JLN TAMPOI
2,250 sqft · RM 1,302.00 PSF
Sep 2023
RM 2,929,000
BUSINESS BOULEVARD @ CENTRAL PARK
2,250 sqft · RM 1,302.00 PSF
May 2023
2,950 sqft
1 units 3-Storey Storey Shop
RM 3,448,000
OFF JALAN TAMPOI
2,942 sqft · RM 1,172.00 PSF
Jun 2023
3,550 sqft
1 units 4-Storey Storey Shop
RM 6,155,000
OFF JLN ALIFF HARMONI
3,551 sqft · RM 1,733.00 PSF
May 2023