Area Intelligence

JLN BAKRI

3 properties
2022
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Median Price
RM 1,450,000
PSF: RM 962

Commercial Market

Median Price

RM 1,450,000

IQR: RM 129
RM 962 PSF 11.8%

PSF Trends (2021-2025)

JLN BAKRI in Muar, Johor recorded 3 subsale transactions in 2022, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 962.

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 1.45 million, with most transactions falling within a stable range of RM 1.45 million to RM 1.56 million, and a typical market range of RM 1.45 million to RM 1.57 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 962, with most transactions between RM 893 and RM 1,031. The usual range is RM 897.50 to RM 1,026.50, showing that most units are priced quite close to each other. With an IQR of RM 129.00 and MAD of RM 69, 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. 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.

Area Location

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JLN BAKRI, Muar, Johor

OSM

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Transactions

3 properties grouped by size

1,500 sqft
1 units 3-Storey Storey Shop
RM 1,450,000
JLN BAKRI BATU 1 (DERETAN 5)
1,507 sqft · RM 962.00 PSF
Apr 2022
1,550 sqft
2 units 3-Storey Storey Shop
RM 1,450,000
JLN BAKRI BATU 1 (DERETAN 5)
1,556 sqft · RM 932.00 PSF
Sep 2022
RM 1,680,000
JLN BAKRI BATU 1 (DERETAN 1)
1,539 sqft · RM 1,091.00 PSF
May 2022