Perindustrian Tebrau 2 in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM6.10 million and a median price per square foot (PSF) of RM140.

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 RM6.10 million, with most transactions falling within a stable range of RM3.25 million to RM9.97 million, and a typical market range of RM4.39 million to RM7.81 million.

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

Price per square foot shows a median of RM140, though individual units vary from RM44 to RM236 in the core range. The broader market spans RM115.78 to RM164.28, indicating diverse property characteristics. A wider spread (IQR: RM48.50) and deviation (MAD: RM96) 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.