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PEKAN MASAI

Johor Bahru, Johor · Commercial · 16 recorded sales, Aug 2022 to Oct 2025

Thinly traded · 3 sales in 12 months2 - 2 1/2 Storey Shop · 123 - 3 1/2 Storey Shop · 4
RM 345psf median, against main floor area · 16 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 229 – 409 psf
Median price
RM 950,000
Price range
RM 450k – RM 2.50m
Main floor area
1,688 – 6,516 sq ft
Land area
1,361 – 4,073 sq ft
Median price per sq ft of land
RM 515

Median of 16 sales that carry a usable area, out of 16 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 1,400 sq ft against 2,137. 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

3 sales in the 12 months to Oct 2025. Last on record: 7 Oct 2025.

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.

20223 · RM 585 psf
20233 · RM 357 psf
20247 · RM 344 psf
20253 · RM 229 psf

Quarterly medians · not a price trend

1864076282022 Q3 — RM 585 psf, 3 sales2023 Q2 — RM 419 psf, 2 sales2023 Q4 — RM 277 psf, 1 sale2024 Q1 — RM 346 psf, 3 sales2024 Q2 — RM 292 psf, 2 sales2024 Q4 — RM 281 psf, 2 sales2025 Q4 — RM 229 psf, 3 sales
2022 Q32025 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 · 16 priced sales

RM 205–232 psf — 5 salesRM 232–259 psf — 0 salesRM 259–286 psf — 2 salesRM 286–313 psf — 0 salesRM 313–341 psf — 0 salesRM 341–368 psf — 3 salesRM 368–395 psf — 2 salesRM 395–422 psf — 0 salesRM 422–449 psf — 0 salesRM 449–476 psf — 0 salesRM 476–503 psf — 1 saleRM 503–531 psf — 0 salesRM 531–558 psf — 0 salesRM 558–585 psf — 3 sales
RM 205RM 585 psf

Each bar counts sales in a RM 27 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 · 16 of 16

DateTypeArea (sq ft)PricepsfTenure
7 Oct 20252 - 2 1/2 Storey Shop1,970RM 450,000229Leasehold
7 Oct 20252 - 2 1/2 Storey Shop1,970RM 450,000229Leasehold
7 Oct 20252 - 2 1/2 Storey Shop1,970RM 450,000229Leasehold
5 Dec 20243 - 3 1/2 Storey Shop5,475RM 1,200,000219Freehold
1 Oct 20242 - 2 1/2 Storey Shop1,688RM 580,000344Leasehold
18 Jun 20243 - 3 1/2 Storey Shop3,500RM 1,350,000386Freehold
24 May 20242 - 2 1/2 Storey Shop2,660RM 528,000199Leasehold
28 Feb 20242 - 2 1/2 Storey Shop2,021RM 700,000346Leasehold
21 Feb 20242 - 2 1/2 Storey Shop2,137RM 1,200,000562Freehold
19 Feb 20242 - 2 1/2 Storey Shop2,660RM 700,000263Freehold
29 Dec 20232 - 2 1/2 Storey Shop2,021RM 560,000277Leasehold
24 May 20233 - 3 1/2 Storey Shop3,500RM 1,250,000357Freehold
6 Apr 20233 - 3 1/2 Storey Shop3,500RM 1,680,000480Freehold
2 Aug 20222 - 2 1/2 Storey Shop6,516RM 2,500,000384Freehold
2 Aug 20222 - 2 1/2 Storey Shop2,137RM 1,250,000585Freehold
2 Aug 20222 - 2 1/2 Storey Shop2,137RM 1,250,000585Freehold

Tenure across all 16 sales: Freehold 9 · Leasehold 7.

Others in Johor Bahru · commercial

TMN PASIR PUTIH
RM 267 psf · 53 sales · 6.1 km
TMN MASAI UTAMA
RM 138 psf · 16 sales · 7.6 km
TMN BAYU PUTERI
RM 375 psf · 9 sales · 10.7 km
TMN SRI STULANG
RM 393 psf · 5 sales · 10.8 km
TMN DATO CHELLAM
RM 232 psf · 13 sales · 13.3 km
MELODIES GARDEN
RM 645 psf · 21 sales · 13.7 km
AUSTIN HEIGHTS
RM 529 psf · 60 sales · 14.5 km
TMN TIRAM JAYA 2
RM 192 psf · 8 sales · 14.8 km

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.