Kempas Town Centre

Jalan Kempas, Pusat Perdagangan Pandan, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM850,000
PSF
RM285
Price Size
Period
transactions middle 50% (P25–P75)
3,000 sqft
2-Sty Shop
RM900,000
Jalan Cengkerik 4
2,982 sqft · RM302 PSF
RM800,000
Jalan Cengkerik 4
2,982 sqft · RM268 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM850,000

RM285 psf

Median transaction price

Kempas Town Centre
© OpenStreetMap · CARTO

Jalan Kempas, Pusat Perdagangan Pandan, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia

Maps

Kempas Town Centre in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM850K and a median price per square foot (PSF) of RM285.

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 RM850K, with most transactions falling within a stable range of RM800K to RM900K, and a typical market range of RM800K to RM900K.

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

For price per square foot, the median is RM285, with most transactions between RM268 and RM302. The usual range is RM250.83 to RM319.33, showing that most units are priced quite close to each other. With an IQR of RM68.50 and MAD of RM17, 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. 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.