Commercial Market
Median Price
RM 830,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
5 properties
Median Price
RM 817,000
+3.2% CAGR
Median PSF
RM 530.75
+3.2% CAGR
Double Storey Shop
1 properties
Median Price
RM 804,000
Median PSF
RM 462.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| 3-Storey Storey Shop | 5 |
RM 817,000
±13K MAD
|
+3.23% |
RM 530.75
±8 MAD
|
+3.16% | |
| Double Storey Shop | 1 |
RM 804,000
|
- |
RM 462.00
|
- |
MERSING KANAN in Mersing, Johor recorded 1 subsale transactions in 2023, with a median price of RM 830K and a median price per square foot (PSF) of RM 539.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 539, with most transactions between RM 539 and RM 539. The usual range is RM 523.13 to RM 554.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.75 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JLN MERSING - ENDAU
|
RM 830,000
|
RM 539.00
|
1,539 sqft
|
Mar 2023
|