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PANDAN NEW VILLAGE

Johor Bahru, Johor · Commercial · 5 recorded sales, Dec 2021 to Nov 2023

No sale recorded since Nov 20231 - 1 1/2 Storey Shop · 2Detached · 24 - 4 1/2 Storey Shop · 1
RM 210psf median, against main floor area · 5 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 210222 psf
Median price
RM 290,000
Price range
RM 180kRM 3.50m
Main floor area
1,37210,720 sq ft
Land area
1,5827,079 sq ft
Median price per sq ft of land
RM 178

Median of 5 sales that carry a usable area, out of 5 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 2,867 sq ft against 1,380. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Nov 2023. Last on record: 16 Nov 2023.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20211 · RM 131 psf
20221 · RM 222 psf
20233 · RM 210 psf

Quarterly medians · not a price trend

1201772332021 Q4 — RM 131 psf, 1 sale2022 Q3 — RM 222 psf, 1 sale2023 Q4 — RM 210 psf, 3 sales
2021 Q42023 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Johor long or clean enough to state a direction, so this page states none.

Distribution · 5 priced sales

RM 138–150 psf — 1 saleRM 150–163 psf — 0 salesRM 163–176 psf — 0 salesRM 176–189 psf — 0 salesRM 189–202 psf — 0 salesRM 202–215 psf — 2 salesRM 215–228 psf — 1 saleRM 228–241 psf — 0 salesRM 241–254 psf — 0 salesRM 254–267 psf — 0 salesRM 267–280 psf — 0 salesRM 280–292 psf — 0 salesRM 292–305 psf — 0 salesRM 305–318 psf — 1 sale
RM 138RM 318 psf

Each bar counts sales in a RM 13 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
16 Nov 20234 - 4 1/2 Storey Shop10,720RM 3,500,000327Leasehold
30 Oct 20231 - 1 1/2 Storey Shop1,380RM 290,000210Leasehold
30 Oct 20231 - 1 1/2 Storey Shop1,380RM 290,000210Leasehold
8 Aug 2022Detached1,575RM 350,000222Leasehold
29 Dec 2021Detached1,372RM 180,000131Leasehold

Others in Johor Bahru · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.