Tiong Nam Industrial @ Tebrau Iii in Johor Bahru, Johor recorded 3 subsale transactions in 2023, with a median price of RM2.70 million and a median price per square foot (PSF) of RM579.

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 RM2.70 million, with most transactions falling within a stable range of RM2.54 million to RM3.24 million, and a typical market range of RM2.54 million to RM3.31 million.

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

The median PSF stands at RM579, with core pricing between RM499 and RM659. Market pricing typically extends from RM549.33 to RM609.33, reflecting moderate variation in unit pricing. With an IQR of RM60.00 and MAD of RM80, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.