PUSAT KOMERSIAL GEMILANG BAKRI
Commercial Market
Median Price
RM 1,283,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
20 properties
Median Price
RM 1,148,000
+2.9% CAGR
Median PSF
RM 726.00
+5.1% CAGR
3-Storey Storey Shop
2 properties
Median Price
RM 2,750,000
-30.8% CAGR
Median PSF
RM 995.50
-8.0% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Shop | 20 |
RM 1,148,000
±50K MAD
|
+2.95% |
RM 726.00
±35 MAD
|
+5.05% | |
3-Storey Storey Shop | 2 |
RM 2,750,000
±500K MAD
|
-30.77% |
RM 995.50
±42 MAD
|
-8.00% |
PUSAT KOMERSIAL GEMILANG BAKRI in Muar, Johor recorded 4 subsale transactions in 2022, with a median price of RM 1.28 million and a median price per square foot (PSF) of RM 686.
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 1.28 million, with most transactions falling within a stable range of RM 1.10 million to RM 2.17 million, and a typical market range of RM 1.13 million to RM 1.44 million.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 686, though individual units vary from RM 516 to RM 856 in the core range. The broader market spans RM 648.38 to RM 723.63, indicating diverse property characteristics. The spread of RM 75.25 (IQR) and deviation of RM 170 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN BAKRI
|
RM 1,098,000
|
RM 713.00
|
1,540 sqft
|
Dec 2022
|
JLN GEMILANG BAKRI 1
|
RM 1,098,000
|
RM 659.00
|
1,667 sqft
|
Aug 2022
|
JLN GEMILANG BAKRI 1 (P/LOT 4816)
|
RM 1,468,000
|
RM 595.00
|
2,468 sqft
|
Aug 2022
|
JLN GEMILANG BAKRI 1
|
RM 3,250,000
|
RM 1,037.00
|
3,134 sqft
|
Sep 2022
|