Area Intelligence

BANDAR MERSING

3 properties
2023
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Median Price
RM 850,000
PSF: RM 434

Commercial Market

Median Price

RM 850,000

IQR: RM 145
MAD: RM 97
RM 434 PSF 44.0%

PSF Trends (2021-2025)

BANDAR MERSING in Mersing, Johor recorded 3 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 434.

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 850K, with most transactions falling within a stable range of RM 817K to RM 850K, and a typical market range of RM 780K to RM 850K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 434, with core pricing between RM 388 and RM 480. Market pricing typically extends from RM 361.75 to RM 506.25, reflecting moderate variation in unit pricing. With an IQR of RM 144.50 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR MERSING, Mersing, Johor

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Transactions

3 properties grouped by size

1,600 sqft
1 units Double Storey Shop
RM 850,000
JLN ABU BAKAR
1,600 sqft · RM 531.00 PSF
May 2023
1,800 sqft
1 units Double Storey Shop
RM 780,000
JLN ISMAIL
1,800 sqft · RM 433.00 PSF
Oct 2023
1,950 sqft
1 units 4-Storey Storey Shop
RM 850,000
JALAN ISMAIL
1,957 sqft · RM 434.00 PSF
Oct 2023