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PUSAT PERNIAGAAN MAS MERAH

Muar, Johor · Commercial · 10 recorded sales, Jul 2022 to Dec 2023

No sale recorded since Dec 20232 - 2 1/2 Storey Shop · 53 - 3 1/2 Storey Shop · 5
RM 261psf median, against main floor area · 10 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 230263 psf
Median price
RM 1,025,000
Price range
RM 740kRM 1.44m
Main floor area
2,8405,354 sq ft
Land area
1,4902,842 sq ft
Median price per sq ft of land
RM 583

Median of 10 sales that carry a usable area, out of 10 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 1,540 sq ft against 3,653. 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 Dec 2023. Last on record: 10 Dec 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.

20221 · RM 416 psf
20239 · RM 261 psf

Quarterly medians · not a price trend

2073234382022 Q3 — RM 416 psf, 1 sale2023 Q1 — RM 230 psf, 7 sales2023 Q2 — RM 269 psf, 1 sale2023 Q4 — RM 264 psf, 1 sale
2022 Q32023 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 · 10 priced sales

RM 230–241 psf — 4 salesRM 241–252 psf — 0 salesRM 252–264 psf — 3 salesRM 264–275 psf — 2 salesRM 275–287 psf — 0 salesRM 287–298 psf — 0 salesRM 298–309 psf — 0 salesRM 309–321 psf — 0 salesRM 321–332 psf — 0 salesRM 332–344 psf — 0 salesRM 344–355 psf — 0 salesRM 355–366 psf — 0 salesRM 366–378 psf — 0 salesRM 378–389 psf — 1 sale
RM 230RM 389 psf

Each bar counts sales in a RM 11 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 · 10 of 10

DateTypeArea (sq ft)PricepsfTenure
10 Dec 20232 - 2 1/2 Storey Shop2,840RM 750,000264Freehold
20 Jun 20233 - 3 1/2 Storey Shop5,354RM 1,438,000269Freehold
17 Feb 20232 - 2 1/2 Storey Shop2,840RM 740,000261Freehold
17 Feb 20232 - 2 1/2 Storey Shop2,840RM 740,000261Freehold
17 Feb 20232 - 2 1/2 Storey Shop2,840RM 740,000261Freehold
16 Feb 20233 - 3 1/2 Storey Shop4,466RM 1,025,000230Freehold
16 Feb 20233 - 3 1/2 Storey Shop4,466RM 1,025,000230Freehold
16 Feb 20233 - 3 1/2 Storey Shop4,466RM 1,025,000230Freehold
16 Feb 20233 - 3 1/2 Storey Shop4,466RM 1,025,000230Freehold
26 Jul 20222 - 2 1/2 Storey Shop2,840RM 1,180,000416Freehold

Others in Muar · 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.