Area Intelligence

PERINDUSTRIAN GEMBIRA

12 properties
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Median Price
RM 600,000
PSF: RM 342

Commercial Market

Median Price

RM 585,000

IQR: RM 35
MAD: RM 29
RM 348 PSF 1.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PERINDUSTRIAN GEMBIRA in Johor Bahru, Johor recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 342.

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 600K, with most transactions falling within a stable range of RM 519K to RM 681K, and a typical market range of RM 500K to RM 1.13 million.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

The median PSF stands at RM 342, with core pricing between RM 304 and RM 381. Market pricing typically extends from RM 297.13 to RM 386.88, reflecting moderate variation in unit pricing. With an IQR of RM 89.75 and MAD of RM 39, 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. 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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PERINDUSTRIAN GEMBIRA, Johor Bahru, Johor

OSM

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Transactions

12 properties grouped by size

1,550 sqft
5 units Terraced Factory
RM 680,000
JLN RIANG 22/2
1,561 sqft · RM 436.00 PSF
Nov 2023
RM 600,000
JLN RIANG 22/2
1,561 sqft · RM 384.00 PSF
Aug 2023
RM 534,000
JLN RIANG 22/3
1,560 sqft · RM 342.00 PSF
Jan 2023
RM 534,000
JLN RIANG 22/3
1,561 sqft · RM 342.00 PSF
Jan 2023
RM 585,000
JLN RIANG 22/1
1,550 sqft · RM 377.00 PSF
Nov 2022
1,700 sqft
3 units Terraced Factory
RM 500,000
JLN RIANG 22/3
1,680 sqft · RM 298.00 PSF
Feb 2023
RM 600,000
JLN RIANG 22
1,680 sqft · RM 357.00 PSF
Dec 2022
RM 518,000
JLN RIANG 22/2
1,679 sqft · RM 308.00 PSF
Sep 2022
2,500 sqft
1 units Terraced Factory
RM 865,000
JLN RIANG 22/1
2,486 sqft · RM 348.00 PSF
Aug 2024
23,100 sqft
1 units Detached Factory
RM 4,500,000
JLN RIANG 23
23,120 sqft · RM 195.00 PSF
Jul 2024
24,450 sqft
1 units Detached Factory
RM 3,745,000
JLN RIANG 21
24,466 sqft · RM 153.00 PSF
May 2023
42,050 sqft
1 units Detached Factory
RM 5,950,000
JLN RIANG 23
42,045 sqft · RM 142.00 PSF
Dec 2022