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 found

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