Perindustrian Gembira in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM2.68 million and a median price per square foot (PSF) of RM456.

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 RM2.68 million, with most transactions falling within a stable range of RM865K to RM4.50 million, and a typical market range of RM2.16 million to RM3.21 million.

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

Price per square foot shows a median of RM456, though individual units vary from RM195 to RM718 in the core range. The broader market spans RM411.20 to RM500.95, indicating diverse property characteristics. A wider spread (IQR: RM89.75) and deviation (MAD: RM261) 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.