Area Intelligence

PUSAT KOMERSIAL GEMILANG BAKRI

4 properties
2022
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Median Price
RM 1,283,000
PSF: RM 686

Commercial Market

Median Price

RM 1,283,000

IQR: RM 75
MAD: RM 38
RM 686 PSF 5.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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PUSAT KOMERSIAL GEMILANG BAKRI, Muar, Johor

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Transactions

4 properties grouped by size

1,550 sqft
1 units Double Storey Shop
RM 1,098,000
JLN BAKRI
1,540 sqft · RM 713.00 PSF
Dec 2022
1,650 sqft
1 units Double Storey Shop
RM 1,098,000
JLN GEMILANG BAKRI 1
1,667 sqft · RM 659.00 PSF
Aug 2022
2,450 sqft
1 units Double Storey Shop
RM 1,468,000
JLN GEMILANG BAKRI 1 (P/LOT 4816)
2,468 sqft · RM 595.00 PSF
Aug 2022
3,150 sqft
1 units 3-Storey Storey Shop
RM 3,250,000
JLN GEMILANG BAKRI 1
3,134 sqft · RM 1,037.00 PSF
Sep 2022