Perindustrian Gembira

Jalan Perindustrian, Taman Desa Rahmat, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia

Property Transactions

6 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Terrace Factory
RM680,000
Jalan Riang 22/2
1,206 sqft · RM564 PSF
RM600,000
Jalan Riang 22/2
1,206 sqft · RM498 PSF
RM500,000
Jalan Riang 22/3
1,206 sqft · RM415 PSF
RM534,000
Jalan Riang 22/3
1,206 sqft · RM443 PSF
RM534,000
Jalan Riang 22/3
1,206 sqft · RM443 PSF
24,450 sqft
Factory
RM3,745,000
Jalan Riang 21
24,466 sqft · RM153 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM567,000

RM443 psf

Median transaction price

Perindustrian Gembira
© OpenStreetMap · CARTO

Jalan Perindustrian, Taman Desa Rahmat, 81200 Johor Bahru, Johor Darul Ta'zim, Malaysia

Maps

Perindustrian Gembira in Johor Bahru, Johor recorded 6 subsale transactions in 2023, with a median price of RM567K and a median price per square foot (PSF) of RM443.

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 RM567K, with most transactions falling within a stable range of RM500K to RM1.75 million, and a typical market range of RM500K to RM1.09 million.

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

Price per square foot shows a median of RM443, though individual units vary from RM314 to RM571 in the core range. The broader market spans RM398.08 to RM487.83, indicating diverse property characteristics. A wider spread (IQR: RM89.75) and deviation (MAD: RM129) indicate significant PSF variations, likely due to diverse property types or conditions.

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.