Shop lots in Taman Molek, Johor Bahru

The highest ground-floor rents in eastern Johor Bahru — up to RM15,000 a month. An established upmarket F&B and bar strip with tight supply, low churn and an affluent, loyal catchment.

Ground floor rent
RM4,500–15,000per month
Median transacted
RM1,690,000RM775 psf · 10 deals
Peak trading
Thursday–Sunday evening; strong supper trade
Catchment
Affluent Chinese Malaysian, expatriate and Singaporean
Shophouse row at Taman Molek, Johor Bahru
Taman Molek — the shophouse rowPhoto: Levtchenkov / Wikimedia Commons, CC BY 4.0
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01

If you have never been here

The 60-second orientation.

Location
Taman Molek Jalan Molek 1, 81100 Johor Bahru, Johor, Malaysia
GPS1.5253° N, 103.7909° E
Postcode81100
MukimMukim Plentong
CouncilMBJB
Zone
Eastern Johor Bahru, mature upmarket
Main commercial street
Jalan Molek 1
Transaction window
2020–2021 — STALE, must be re-pulled before you rely on it
Drive times from Taman Molek (off-peak)
DestinationDriveWhy it matters to a tenant
Singapore (Causeway/CIQ)28 minWeekend and supper trade; a known destination for Singaporean night-outs.
Mount Austin10 minYour nearest and largest rival; higher volume, lower ticket.
Permas Jaya10 minAdjacent affluent catchment, similar bar culture.
AEON Tebrau City10 minMall competition for daytime retail.
JB City Centre / RTS22 minNo direct RTS footfall, but closer than most eastern strips.
02

Why this strip is busy

The demand engines — and what each one actually pays for.

01

A supper and bar economy that has run for two decades

Molek Hub, Mulligan’s and the Jalan Molek 1 bar cluster give the strip an evening identity that new developments spend years and fail to buy.

Strongest driverPeak: 8pm–1am
02

An affluent, settled resident base

Molek and the surrounding Plentong belt house an older, wealthier household than Mount Austin’s. Average spend per head runs materially higher.

Basket RM40–90Repeat 2–4x/wk
03

Tight supply — very little new stock

Molek was built out decades ago. There is no adjacent land bank releasing competing shophouses, which is why rents hold at the top of the eastern range.

Supply constraintConfidence: high
04

Expatriate and Singaporean familiarity

Molek has been on the Singaporean night-out map since long before Eco Botanic or Horizon Hills existed. That habit is decades deep.

Habit effectConfidence: high
02b

What Taman Molek actually looks like

Real, freely-licensed photographs of this area — with the licence on every caption.

Every photograph on this page is a real, freely-licensed image of this area, reused with attribution under its stated Creative Commons licence — not a stock photo and not generated. Licences are linked on each caption. If you own a better shot of your own shopfront here, send it to us and we will feature it with a credit and a link.

03

What Taman Molek has that the others do not

Not “advantages” — structural facts a competing location cannot copy.

01

The highest ground-floor rent ceiling in eastern Johor Bahru

Up to RM15,000 a month. Landlords here command it because the tenant mix can pay it — this is a demonstrated price point, not an aspiration.

Nearest rivalMount Austin tops out around RM9,500.
02

A licensed bar cluster with established neighbours

Late-licence F&B is difficult to start where residents object. Molek’s bar culture predates the objection, which makes the licensing path materially easier here.

Why it mattersLicensing precedent is worth real money to the right operator.
03

Low churn — tenants stay

The strip is characterised by long tenancies rather than constant turnover. For a landlord that is income stability; for an operator it means neighbours who are still there next year.

Trade-offLow churn also means few units come to market.
04

Who actually walks past your door

Estimated share of retail spend, by ethnicity and customer type. Read the last row before you commit.

Taman Molek customer mix — estimated share of retail spend, 2026
SegmentSharePer visitWhenConcepts that win them
Affluent Chinese Malaysian households50–60%RM40–90Daily; peaks Thu–Sun eveningUpmarket dining, bars, cafes, clinics, dental
Singaporeans — evening and supper visitors15–25%RM70–160Fri–Sun evening, public holidaysBars, seafood, supper, massage, salon
Expatriates and international-school families10–15%RM60–130Weekday evenings, weekendsWestern dining, wine, wellness, enrichment
Malay professional households8–12%RM25–55Evenings, weekends, RamadanHalal fine dining, cafes, pharmacy
Indian Malaysian households5–8%RM25–50Evenings and weekendsBanana leaf, mamak, gold, clinics
Students and price-sensitive trade<5%RM12–25Rare — no adjacent campusValue concepts belong in Mount Austin or Taman Universiti.

Ethnic composition

2022 citizen electoral roll for the P.158 Tebrau federal constituency, which contains this precinct. The roll counts registered voters only — it excludes non-citizens (migrant workers, Singaporeans, expatriates) and everyone under 18. Source: ElectionData.MY.

Chinese38.9%
Malay & Bumiputera46.9%
Indian11.3%
Others2.9%

Tebrau is a Malay-plurality seat on the roll (46.9% Malay and Bumiputera against 38.9% Chinese), even though the eastern shophouse strips read as visibly Chinese-Malaysian on the ground. Both things are true: the resident base is mixed and Malay-leaning, while the evening F&B trade on streets like Mount Austin skews Chinese. If you are choosing between halal and non-halal, halal keeps the whole catchment; non-halal wins the night but gives up roughly half the daytime base. Taman Molek itself skews materially more Chinese Malaysian than the Tebrau seat average. Treat the bar as the surrounding district, not the street.

Catchment and market depth

Scale indicators for this precinct.

Active commercial listings 258
Recorded transactions (2020–21) 10
Ground-floor rent ceiling RM15,000
Median transacted price RM1.69M
05

Rent and price schedule

Market bands, September 2026. Corner, frontage and existing tenancy change everything.

Rental — by level and position
Level & positionMonthly rentBest suited to
Ground floorRM4,500–15,000Anchor F&B, retail, clinic, salon
1st floorRM1,800–3,500Studio, tuition, spa, private dining
2nd floorRM1,200–2,600Back office, storage, co-working
Whole blockRM8,000–18,000Multi-floor F&B, medical, corporate
Sale prices & yield
AssetAsking rangeGross yield
Shophouse, intermediateRM1.48M–2.6M3.5–4.5%
Shophouse, cornerRM2.8M–3.8M3.5–4.5%
Reference: 10 recorded transactions at a median of RM1,690,000 and RM775 per sq ft (2020–2021 — STALE, must be re-pulled before you rely on it). Source: brickz.my, from JPPH transaction data.
How to read these numbers. Asking rents are compiled from live portal listings as at September 2026. Transacted prices are from brickz.my (JPPH records) and each carries its own window, stated in the table above — some windows are more than a year old, so treat them as a floor for negotiation, not as today’s market. All figures are indicative only. Rent is quoted gross and excludes assessment, quit rent, fire insurance, service charge and 6% service tax on commercial rent where applicable (the rate was cut from 8% on 1 January 2026, and only landlords above RM1 million annual turnover must charge it). Standard terms are 2 + 1 years, two months’ deposit plus half a month utility deposit, and one to three months rent-free fitting-out on ground floor units.
06

What is missing — the opportunity list

Compiled from listings, directories and on-the-ground survey. Absence of evidence is not proof of absence — verify before you commit.

GAPDaytime trade. Molek is an evening precinct. Weekday 10am–4pm is quiet relative to the rent, and few concepts serve it well.
GAPModern specialty coffee. The cafe offer skews traditional. The third-wave coffee crowd currently drives to Eco Botanic or the heritage quarter.
GAPChildren’s and family daytime services. An affluent catchment with limited enrichment, indoor play or family daytime destinations on the strip itself.
FULLAnother bar or pub
FULLAnother seafood restaurant
FULLAnother traditional kopitiam
07

The honest assessment

Every agent will tell you the first column. Read the second one twice.

What genuinely works
  • The highest rent ceiling in eastern JB. RM15,000 a month is achievable here and nowhere else east of the city.
  • Two decades of established evening identity. A bar and supper economy competitors cannot start from zero.
  • Tight supply supports pricing. No adjacent land bank releasing competing shophouses.
  • Affluent, loyal, repeat catchment. Higher spend per head than Mount Austin, with lower volume.
What you should price in
  • Transaction data is five years stale. The RM1.69M median and RM775 psf are from 2020–21. Re-pull Brickz before you price anything.
  • Very few units come to market. Low churn is good for income and bad for acquisition. Expect to wait, or to pay above asking.
  • Parking is tight. Better than Mount Austin, worse than the western strips. On a Saturday night it binds.
  • Ageing building stock. Molek was built out decades ago. Budget for higher fit-out and confirm three-phase power and grease-trap capacity.
  • Evening-weighted revenue. Model on four to five strong evenings, not on a seven-day daytime trade.
08

How it compares with the other JB strips

Ground-floor asking rents from live portal listings, September 2026.

Ground-floor shop rent and trading character, by JB commercial strip
StripGF rent / monthWho shops thereParkingPick it if
Mount AustinRM3,800–9,500Dense local Chinese Malaysian; highest weekday volume in JBCongestedYour model needs volume seven days a week and you can live without parking.
Bukit IndahRM2,500–4,200AEON-anchored footfall plus Singaporean day-trippersAdequateYou want an Eco Botanic customer at roughly half the rent.
Eco BotanicRM6,000–15,000Singaporean weekenders, EduCity students, expat familiesFree, ampleYou want high basket size and can survive a soft Monday–Thursday.
Taman MolekRM4,500–15,000Affluent Chinese Malaysian, expat and SingaporeanTightYou are an evening or bar operator with an existing following.
Sutera UtamaRM3,500–25,000Affluent Skudai households; the state’s highest median priceAdequateYou sell premium and need a catchment that pays for it.
Johor JayaRM2,200–4,50066,000 residents; the most balanced ethnic mix in JBAdequateYou want the healthiest yield and the deepest deal flow.
City Centre / IIBDRM5,000–13,000Singaporean walk-in via CIQ; RTS terminus January 2027Paid / limitedYou want walk-in cross-border traffic and will pay for the story.

Ground-floor asking rents from live portal listings, September 2026. Expect 5–15% negotiation room on any of them. We will tell you honestly when another strip is the better commercial decision for your concept.

Buying, not renting? Same area, the residential side — NAPIC registered transactions, median price, median PSF and the 12-month move: Taman Molek landed data → · condos · industrial

09

What it actually costs to open here

Rent is the number everyone quotes. It is rarely the number that kills the deal — the fit-out is.

Capital needed to open a ground-floor F&B unit at RM9,700/month
ItemAmount (RM)Basis
Fit-out — full F&B with kitchen231,000 – 539,000RM150–350 psf on 1,540 sq ft. Kitchen exhaust, grease trap and M&E are what push it up.
Fit-out — basic retail (indicative)150,000 – 280,000Mid-range commercial guidance; no retail-specific Malaysian benchmark is published.
Deposits — 2 months + 1 advance + ½ utility33,950The Malaysian “2 + 1 + ½” convention, payable before you touch the unit.
Stamp duty on the tenancy465 (1 yr) / 1,395 (3 yr)RM1 per RM250 of annual rent for ≤1 year; RM3 for 1–3 years. The RM2,400 exemption was abolished in January 2025.
Legal fee — tenancy agreement2,910Solicitors Remuneration Order 2023, Second Schedule: for a tenancy at RM10,000/month or less, 30% of one month rent (min RM500). Above RM10,000/month the rate steps down to 15–25%. A lease (term over three years, common on commercial units) is charged separately and higher — 60% of one month rent up to RM10,000, then 30–50%.
Agent commission01.25 months rent, paid by the landlord by convention. A tenant paying this is being overcharged.
TNB three-phase connection + deposit4,300 – 6,900RM1,700 connection plus RM2,600–5,200 deposit at 10–20 kW. Deposit earns 2.5% p.a. and is refundable.
Licences — premise + signboard, first yearBudget 700 – 1,200Premise licence fees are set by your own council (MBJB / MBIP / MBPG / MPKu) by business type and floor area — confirm with them. Signboard licence RM200–400. This line is a planning allowance, not a quoted fee.
Sdn Bhd incorporation1,000SSM fee. A foreigner cannot register a sole proprietorship.
Realistic total before you sell anything — F&B273,950 – 593,950Plus opening stock, POS, signage design, insurance and 3 months working capital.
15%Rent at 15% of revenue means RM9,700 rent needs RM64,666 a month — about RM2,155 a day.
HEADSAt an average spend of RM35 a head, that is 61 paying customers a day, every day.

Cost model, licences, the full FAQ and sources & method are on one page: the Johor Bahru shop lot guide.

11

Two ways we can help

We hold ready units here that are never listed publicly, and current developer rebate sheets for the new phases.

For operators looking for space

Tell us the concept. We will send matching units within 24 hours.

Most good ground-floor units in Taman Molek change hands before they are advertised. Send us your trade, floor area, budget and target opening date, and we will come back with what is actually available — including units where the current tenant is quietly looking to assign.

  • Off-market and tenancy-assignment units
  • Floor plans, actual outgoings and licensing feasibility
  • Foreign-buyer and non-resident tenancy guidance
WhatsApp me matching units →

Or WhatsApp / call +60 10-906 6685 · email

No fee to tenants and buyers. Reply within one working day.

For investors & first-hand buyers

Get the current new-launch rebate sheet for this corridor.

New commercial phases carry incentives that are never published — early-bird discounts, rebates, rent guarantees and fit-out allowances that shift monthly. We will send you the live sheet with the yield maths done.

  • Live rebate and package comparison across projects
  • Net yield modelling after outgoings and financing
  • Foreign purchase threshold and state consent levy notes
WhatsApp me the rebate sheet →

Or WhatsApp / call +60 10-906 6685 · see new launches

Includes the RM1M foreign-buyer floor and the 3% state consent levy for Johor commercial property.

12

Questions people actually ask

Short, direct answers.

How much is rent for a shop lot in Taman Molek?
A ground-floor shop lot in Taman Molek rents for RM4,500–15,000 per month. Upper floors are cheaper at RM1,800–3,500 for the first floor and RM1,200–2,600 for the second, and a whole block runs RM8,000–18,000. Corner units with main-road frontage sit at the top of each range.
How much does a shop lot in Taman Molek cost to buy?
Intermediate shophouses ask RM1.48M–2.6M and corner units RM2.8M–3.8M. Recorded transactions show a median of RM1,690,000 at RM775 per square foot across 10 deals (2020–2021 — STALE, must be re-pulled before you rely on it). Gross yield runs 3.5–4.5%.
How much revenue do I need to cover rent in Taman Molek?
Rent should sit at or below 15% of revenue for a shop lot. On a RM9,700 monthly rent that means about RM64,666 a month, roughly RM2,155 a day, or 61 customers a day at an average spend of RM35.
Where exactly is Taman Molek?
Taman Molek is on Jalan Molek 1, 81100 Johor Bahru, Johor, Malaysia — coordinates 1.5253° N, 103.7909° E, in Mukim Plentong under MBJB. It sits in eastern johor bahru, mature upmarket.
What business works best in Taman Molek?
See the opportunity list on this page — it names the categories that are missing and the ones that are saturated. In short: the gaps are where the money is, and adding another operator to an already-crowded column is the most common way to lose it.