Area Intelligence

PUSAT KOMERSIAL GEMILANG BAKRI

11 properties
2024
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Median Price
RM 1,198,000
PSF: RM 757

Commercial Market

Median Price

RM 1,198,000

IQR: RM 75
MAD: RM 38
RM 757 PSF 5.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PUSAT KOMERSIAL GEMILANG BAKRI in Muar, Johor recorded 11 subsale transactions in 2024, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 757.

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 1.20 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.39 million, and a typical market range of RM 1.04 million to RM 1.35 million.

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

For price per square foot, the median is RM 757, with most transactions between RM 716 and RM 798. The usual range is RM 719.38 to RM 794.63, showing that most units are priced quite close to each other. With an IQR of RM 75.25 and MAD of RM 41, 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. Moderate price stability provides a balanced market for both buyers and sellers. 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

11 properties grouped by size

1,500 sqft
1 units Double Storey Shop
RM 1,198,000
JLN GEMILANG BAKRI 1
1,519 sqft · RM 789.00 PSF
Jul 2024
1,550 sqft
3 units Double Storey Shop
RM 1,198,000
JLN PARIT TIRAM
1,530 sqft · RM 783.00 PSF
Nov 2024
RM 1,198,000
JLN GEMILANG BAKRI 1
1,526 sqft · RM 785.00 PSF
Sep 2024
RM 1,198,000
JLN GEMILANG BAKRI 1
1,553 sqft · RM 771.00 PSF
Jul 2024
1,600 sqft
4 units Double Storey Shop
RM 1,000,000
JLN GEMILANG BAKRI 1
1,584 sqft · RM 631.00 PSF
Nov 2024
RM 1,198,000
JLN GEMILANG BAKRI 1
1,583 sqft · RM 757.00 PSF
Jul 2024
RM 1,188,000
JLN GEMILANG BAKRI 1
1,584 sqft · RM 750.00 PSF
Jul 2024
RM 1,198,000
JLN GEMILANG BAKRI 1
1,584 sqft · RM 756.00 PSF
Jul 2024
1,850 sqft
2 units Double Storey Shop
RM 1,410,000
JLN GEMILANG BAKRI 1
1,873 sqft · RM 753.00 PSF
Jul 2024
RM 1,410,000
JLN GEMILANG BAKRI 1
1,870 sqft · RM 754.00 PSF
May 2024
2,300 sqft
1 units Double Storey Shop
RM 1,780,000
JLN GEMILANG BAKRI 1
2,316 sqft · RM 768.00 PSF
Jul 2024