Area Intelligence

TIONG NAM BUSINESS PARK @ KEMPAS II

8 properties
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Median Price
RM 2,750,000
PSF: RM 294

Commercial Market

Median Price

RM 2,750,000

IQR: RM 171
MAD: RM 74
RM 294 PSF 8.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TIONG NAM BUSINESS PARK @ KEMPAS II in Johor Bahru, Johor recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 2.75 million and a median price per square foot (PSF) of RM 294.

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 RM 2.75 million, with most transactions falling within a stable range of RM 2.40 million to RM 3.10 million, and a typical market range of RM 2.28 million to RM 3.23 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 294, though individual units vary from RM 220 to RM 368 in the core range. The broader market spans RM 208.38 to RM 379.63, indicating diverse property characteristics. A wider spread (IQR: RM 171.25) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TIONG NAM BUSINESS PARK @ KEMPAS II, Johor Bahru, Johor

OSM

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Transactions

8 properties grouped by size

1,700 sqft
1 units Double Storey Shop
RM 750,000
JLN KEMPAS LAMA 2/1
1,679 sqft · RM 447.00 PSF
Dec 2023
2,050 sqft
1 units 3-Storey Storey Shop
RM 1,250,000
JLN KEMPAS LAMA 2/1
2,056 sqft · RM 608.00 PSF
Apr 2022
6,500 sqft
1 units Semi-D Factory
RM 2,500,000
JLN KEMPAS LAMA 1
6,512 sqft · RM 384.00 PSF
Dec 2021
10,450 sqft
1 units Semi-D Factory
RM 3,100,000
JLN KEMPAS UTAMA 3/7
10,452 sqft · RM 297.00 PSF
Aug 2024
11,200 sqft
2 units Semi-D Factory
RM 3,263,000
JLN KEMPAS LAMA 2/7
11,194 sqft · RM 291.00 PSF
Jul 2024
RM 2,450,000
JLN KEMPAS LAMA 2/7
11,194 sqft · RM 219.00 PSF
Nov 2023
13,450 sqft
1 units Semi-D Factory
RM 3,100,000
JLN KEMPAS UTAMA 3/8
13,444 sqft · RM 231.00 PSF
Jul 2024
13,600 sqft
1 units Semi-D Factory
RM 3,000,000
JLN KARAS
13,595 sqft · RM 221.00 PSF
Jun 2023