This property is a 40000 sqft commercial land that is available for sale. It is located in jb city. You can buy this commercial land for a base price of RM23,200,000 (RM580/sqft).

Premium Commercial Development Land | Johor Bahru City Centre | Ready-to-Build

Secure a prime piece of Johor Bahru’s commercial future. This 40,000 sqft freehold land is strategically positioned within the established JB city area, offering a rare and valuable converted commercial title. Fully approved and ready for development, it’s a turnkey opportunity to create a landmark project in the heart of a thriving residential catchment.

Strategic Highlights & Investment Rationale
Fully Converted Commercial Title: The land is already converted to commercial status, eliminating the lengthy and uncertain approval process. This provides immediate development security and saves significant time and capital, de-risking your investment from the start.

Prime Urban Catchment: Nestled within and surrounded by established residential areas and apartments, this land guarantees a built-in customer base. It is ideal for developments serving daily community needs, such as a neighborhood retail mall, F&B hub, or service centre.

Excellent Accessibility & Visibility: With direct frontage on a tar road, the site offers seamless access and high visibility for both customers and tenants. This ensures strong footfall and drive-by traffic.

Competitive Market Positioning: Priced at RM 580 per square foot, this land represents compelling value in the JB city market. For context, other centrally located lands with commercial potential in JB Town are advertised at prices around RM 800 psf or above.

Lot:: Non Bumi
Tenure Type:: FreeHold
Converted:: Yes
Land Size:: 40,000 sqft
Price:: RM 23,200,000

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Jb City 40k Sqft