Area Intelligence

SETIA BUSINESS PARK II

8 properties
2023
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Median Price
RM 2,025,000
PSF: RM 251

Residential Market

Median Price

RM 300,000

IQR: RM 109
MAD: RM 56
RM 195 PSF 22.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,025,000

IQR: RM 51
MAD: RM 24
RM 251 PSF 0.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

SETIA BUSINESS PARK II in Johor Bahru, Johor recorded 8 subsale transactions in 2023, with a median price of RM 2.03 million and a median price per square foot (PSF) of RM 251.

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 2.03 million, with most transactions falling within a stable range of RM 1.62 million to RM 2.93 million, and a typical market range of RM 1.62 million to RM 2.88 million.

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

The median PSF stands at RM 251, with core pricing between RM 225 and RM 277. Market pricing typically extends from RM 223.50 to RM 278.50, reflecting moderate variation in unit pricing. With an IQR of RM 55.00 and MAD of RM 26, 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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SETIA BUSINESS PARK II, Johor Bahru, Johor

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Transactions

8 properties grouped by size

7,200 sqft
2 units Semi-D Factory
RM 2,000,000
JLN PERNIAGAAN SETIA 3
7,212 sqft · RM 277.00 PSF
May 2023
RM 2,000,000
JLN PERNIAGAAN SETIA 3
7,200 sqft · RM 278.00 PSF
Apr 2023
7,300 sqft
1 units Semi-D Factory
RM 1,620,000
JLN PERNIAGAAN SETIA 1/3
7,276 sqft · RM 223.00 PSF
Sep 2023
7,750 sqft
1 units Semi-D Factory
RM 2,000,000
JLN PERNIAGAAN SETIA 3
7,750 sqft · RM 258.00 PSF
Oct 2023
8,400 sqft
1 units Semi-D Factory
RM 2,050,000
JLN EKOPERNIAGAAN 1/17
8,396 sqft · RM 244.00 PSF
Jun 2023
14,400 sqft
2 units Semi-D Factory
RM 3,451,000
JLN EKOPERNIAGAAN 7
14,400 sqft · RM 240.00 PSF
Aug 2023
RM 3,800,000
JLN EKOPERNIAGAAN 1/10
14,402 sqft · RM 264.00 PSF
Aug 2023
20,550 sqft
1 units Semi-D Factory
RM 4,035,000
JLN PERNIAGAAN SETIA 1/4
20,527 sqft · RM 197.00 PSF
Sep 2023