Area Intelligence

SETIA BUSINESS PARK II

16 properties
2022
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Median Price
RM 1,925,000
PSF: RM 238

Residential Market

Median Price

RM 350,000

IQR: RM 109
MAD: RM 56
RM 279 PSF 22.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,030,000

IQR: RM 51
MAD: RM 24
RM 237 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SETIA BUSINESS PARK II in Johor Bahru, Johor recorded 16 subsale transactions in 2022, with a median price of RM 1.93 million and a median price per square foot (PSF) of RM 238.

This area contains both residential and commercial properties. View 5 residential properties or 48 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.93 million, with most transactions falling within a stable range of RM 904K to RM 2.95 million, and a typical market range of RM 1.08 million to RM 2.78 million.

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

The median PSF stands at RM 238, with core pricing between RM 195 and RM 281. Market pricing typically extends from RM 210.50 to RM 265.50, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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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SETIA BUSINESS PARK II, Johor Bahru, Johor

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Transactions

16 properties grouped by size

1,100 sqft
2 units Cluster House
RM 300,000
JLN PERNIAGAAN SETIA 2/20
1,076 sqft · RM 279.00 PSF
Jul 2022
RM 350,000
JLN PERNIAGAAN SETIA 2/20
1,076 sqft · RM 325.00 PSF
Apr 2022
2,500 sqft
1 units Cluster House
RM 420,000
JLN PERNIAGAAN SETIA 2/19
2,476 sqft · RM 170.00 PSF
Nov 2022
7,200 sqft
3 units Semi-D Factory
RM 1,710,000
JLN PERNIAGAAN SETIA 4
7,212 sqft · RM 237.00 PSF
Jul 2022
RM 1,800,000
JLN PERNIAGAAN SETIA 4
7,212 sqft · RM 250.00 PSF
Jun 2022
RM 1,500,000
JLN PERNIAGAAN SETIA 9
7,212 sqft · RM 208.00 PSF
Feb 2022
7,750 sqft
3 units Semi-D Factory
RM 1,500,000
JLN PERNIAGAAN SETIA 6
7,750 sqft · RM 194.00 PSF
Nov 2022
RM 1,850,000
JLN PERNIAGAAN SETIA 3
7,750 sqft · RM 239.00 PSF
Jul 2022
RM 2,000,000
JLN PERNIAGAAN SETIA 6
7,750 sqft · RM 258.00 PSF
Feb 2022
7,800 sqft
1 units Semi-D Factory
RM 2,531,000
JLN EKOPERNIAGAAN 5
7,804 sqft · RM 324.00 PSF
Jul 2022
8,400 sqft
2 units Semi-D Factory
RM 2,400,000
JLN EKOPERNIAGAAN 1/17
8,396 sqft · RM 286.00 PSF
Nov 2022
RM 2,030,000
JLN EKOPERNIAGAAN 1/15
8,396 sqft · RM 242.00 PSF
Jul 2022
11,500 sqft
1 units Semi-D Factory
RM 2,700,000
JLN PERNIAGAAN SETIA 1/1
11,517 sqft · RM 234.00 PSF
Sep 2022
12,600 sqft
1 units Semi-D Factory
RM 2,795,000
JLN PERNIAGAAN SETIA 4
12,594 sqft · RM 222.00 PSF
Oct 2022
14,400 sqft
1 units Semi-D Factory
RM 3,050,000
JLN EKOPERNIAGAAN 1/8
14,402 sqft · RM 212.00 PSF
Sep 2022
21,800 sqft
1 units Semi-D Factory
RM 4,300,000
JLN EKOPERNIAGAAN 1/6
21,818 sqft · RM 197.00 PSF
Mar 2022