Area Intelligence

BANDAR MERSING

3 properties
2024
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Median Price
RM 925,000
PSF: RM 625

Commercial Market

Median Price

RM 925,000

IQR: RM 145
MAD: RM 97
RM 625 PSF 44.0%

PSF Trends (2021-2025)

BANDAR MERSING in Mersing, Johor recorded 3 subsale transactions in 2024, with a median price of RM 925K and a median price per square foot (PSF) of RM 625.

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 925K, with most transactions falling within a stable range of RM 763K to RM 1.00 million, and a typical market range of RM 833K to RM 1.00 million.

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

The median PSF stands at RM 625, with core pricing between RM 530 and RM 720. Market pricing typically extends from RM 552.75 to RM 697.25, reflecting moderate variation in unit pricing. The spread of RM 144.50 (IQR) and deviation of RM 95 (MAD) suggest moderate price variations reflecting different property features.

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

1,450 sqft
2 units 3-Storey Storey Shop
RM 925,000
JALAN ABU BAKAR
1,437 sqft · RM 644.00 PSF
Mar 2024
RM 625,000
JALAN ABU BAKAR
1,440 sqft · RM 434.00 PSF
Mar 2024
1,600 sqft
1 units 4-Storey Storey Shop
RM 1,000,000
JLN ABU BAKAR
1,600 sqft · RM 625.00 PSF
Jul 2024