Johor Bahru, Johor · Freehold · 6 transactions
Estimated Market Value
Units (5015–7135 sqft) estimated at RM1.31M – RM1.86M based on median PSF of RM261/sqft (6 verified transactions)
+18.6%
since 2023
Median Price
RM1.35M
RM1.20M – RM1.57M
Median PSF
RM261
RM220 – RM269
Transactions
6
2023-02 to 2025-10
Size Range
5015 – 7135
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Oct 2025 | 3 - 3 1/2 Storey Shop | Freehold | 5,016 | RM261 | RM1.31M |
| Sept 2024 | 3 - 3 1/2 Storey Shop | Freehold | 5,015 | RM369 | RM1.85M |
| Aug 2024 | 3 - 3 1/2 Storey Shop | Freehold | 5,015 | RM239 | RM1.20M |
| Aug 2024 | 3 - 3 1/2 Storey Shop | Freehold | 5,015 | RM269 | RM1.35M |
| Jun 2024 | 3 - 3 1/2 Storey Shop | Freehold | 5,015 | RM199 | RM1.00M |
| Feb 2023 | 3 - 3 1/2 Storey Shop | Freehold | 7,135 | RM220 | RM1.57M |
OFF JLN MASA LAMA ( DEKAT MAKRO) · 6 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2023–2025 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Johor Bahru average
All 6 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Johor Bahru & Johor
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Best value
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Data-driven insights for OFF JLN MASA LAMA ( DEKAT MAKRO)
Earliest PSF (2023)
RM220
Current PSF (2025)
RM261
Capital Gain
+18.6%
Total Return (est.)
13.8% p.a.
| Capital appreciation (2 years) | +18.6% |
| Annualised capital return | +9.3% p.a. |
| Est. gross rental yield | 4.5% p.a. |
| Est. total return (capital + rental) | 13.8% p.a. |
| vs Fixed Deposit (3.5% p.a. x 2yr) | +20.6% |
*Based on earliest recorded transaction (2023). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM5,100/mo
Rent Range
RM4200-6000
25th – 75th pct
Rent PSF
RM0.98
Est. Yield
4.5% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM4,300/mo |
| Semi Furnished | RM5,100/mo |
| Fully Furnished | RM6,400/mo |
*Estimated rental figures based on Johor district average gross yield (4.5%). Actual rents may vary.
PSF Trend: Appreciating
PSF moved from RM220 (2023) to RM261 (2025)
Liquidity: Low
6 transactions over 2 years (~3/year)
45% below Johor Bahru average
This project: RM261 PSF vs Johor Bahru median: RM475 PSF
Est. Total Return: 13.8% p.a. (beats FD)
Capital gain (9.3% p.a.) + rental yield (~4.5% p.a.)
OFF JLN MASA LAMA ( DEKAT MAKRO) delivers a strong estimated total return of 13.8% p.a. — comprising +9.3% capital appreciation and ~4.5% rental yield over 2 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 45% below the Johor Bahru average — potentially undervalued. Best suited for rental investors, capital gain seekers, long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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