Area Intelligence

TMN PEKAN BARU/UTAMA

2 properties
Double Storey Shop
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Median Price
RM 615,000
PSF: RM 400

Residential Market

Median Price

RM 245,000

IQR: RM 53
MAD: RM 26
RM 217 PSF 1.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 615,000

IQR: RM 23
MAD: RM 23
RM 400 PSF 11.9%

PSF Trends (2021-2025)

TMN PEKAN BARU/UTAMA in Pontian, Johor recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 615K and a median price per square foot (PSF) of RM 400.

This area contains both residential and commercial properties. View 38 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 580K to RM 650K, and a typical market range of RM 580K to RM 650K.

Within the Double Storey Shop category, low-cost house dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 400, with most transactions between RM 377 and RM 422. The usual range is RM 368.00 to RM 431.00, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 23, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PEKAN BARU/UTAMA, Pontian, Johor

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Transactions

2 properties grouped by size

1,550 sqft
2 units Double Storey Shop
RM 650,000
JLN UTAMA 2
1,539 sqft · RM 422.00 PSF
May 2023
RM 580,000
JLN UTAMA 2
1,539 sqft · RM 377.00 PSF
Apr 2022