KEMPAS TOWN CENTRE

KEMPAS TOWN CENTRE in Johor Bahru, Johor recorded 5 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 455.

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 800K, with most transactions falling within a stable range of RM 650K to RM 975K, and a typical market range of RM 750K to RM 850K.

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

The median PSF stands at RM 455, with core pricing between RM 385 and RM 525. Market pricing typically extends from RM 416.00 to RM 494.00, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.