Shop lots in Taman Impian Emas, Johor Bahru

A large, still-growing residential township whose commercial spine serves a young-family catchment. Entry pricing is among the lowest for a modern strip in the western corridor.

Ground floor rent
RM2,800–5,500per month
Median transacted
RM1,380,000RM828 psf · 17 deals
Peak trading
Weekday evenings and weekends
Catchment
Young Chinese and Malay family households
Murals at Restoran Lemon Tree, Taman Impian Emas
Restoran Lemon Tree — a shopfront in the townshipPhoto: Encik Tekateki / Wikimedia Commons, CC BY-SA 4.0
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01

If you have never been here

The 60-second orientation.

Location
Taman Impian Emas Jalan Impian Emas 1, 81300 Johor Bahru, Johor, Malaysia
GPS1.5238° N, 103.689° E
Postcode81300
MukimMukim Pulai
CouncilMBIP
Zone
Skudai / Tampoi belt, western JB
Main commercial street
Jalan Impian Emas 1
Transaction window
2024 – 2025
Drive times from Impian Emas (off-peak)
DestinationDriveWhy it matters to a tenant
Skudai / TUTA8 minThe established mass-market strip nearby.
Sutera Utama10 minThe affluent destination; takes occasion spend.
Tampoi industrial area7 minWorker catchment for lunch and evening trade.
Tuas Second Link22 minLimited Singaporean traffic.
JB City Centre / RTS22 minNo direct RTS footfall.
02

Why this strip is busy

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

01

A large and still-growing catchment

New residential phases keep adding households. Demand grows without you doing anything.

Strongest driverGrowing
02

Young families concentrate the spend

A family-weighted catchment reliably supports childcare, tuition, paediatric clinics and family dining.

Basket RM25–60Weekday after school
03

Low entry price for modern stock

RM1.38 million median at RM828 psf. The cheapest modern strip in the western corridor.

Value playYield 4.0–5.0%
04

Tampoi worker spillover

Seven minutes from an industrial area. A weekday lunch trade most residential strips do not have.

Weekday floorConfidence: medium
02b

What Impian Emas 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 Impian Emas has that the others do not

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

01

Growth you do not have to pay for yet

The catchment is still filling. You buy at today’s price and trade into tomorrow’s population.

Nearest rivalTUTA and Skudai are already built out and static.
02

The cheapest modern strip in the west

RM828 psf for stock in reasonable condition. Fit-out risk is materially lower than in TUTA.

Why it mattersLow entry price is what makes the yield work.
03

A residential and industrial double catchment

Family trade in the evening, worker trade at lunch. Two different peaks in one location.

Trade-offNeither peak is high-ticket.
04

Who actually walks past your door

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

Impian Emas customer mix — estimated share of retail spend, 2026
SegmentSharePer visitWhenConcepts that win them
Young Chinese Malaysian families35–40%RM25–60Weekday after school, weekendsTuition, enrichment, family dining, dessert, clinics
Malay family households33–38%RM18–45Daily; strong in RamadanHalal F&B, mini-mart, pharmacy, kids’ services
Tampoi industrial workers12–18%RM10–25Weekday lunchEconomy rice, mamak, coffee, convenience
Indian Malaysian households12–15%RM15–40Evenings and weekendsMamak, clinics, provision, pharmacy
Children and students20–25% of spendRM10–30After school and weekendsTuition, snacks, bubble tea, stationery
Singaporean or premium trade<3%—Effectively absentDo not model on cross-border or premium spend.

Ethnic composition

2022 citizen electoral roll for the P.161 Pulai 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.

Chinese40.3%
Malay & Bumiputera45.9%
Indian12.2%
Others1.6%

A near-even seat: 45.9% Malay and Bumiputera to 40.3% Chinese, with 12.2% Indian. That balance is why the Skudai and Pulai strips sustain a hawker economy and a halal one side by side, and why single-community positioning leaves a large share of the market on the table.

Catchment and market depth

Scale indicators for this precinct.

Median transacted price RM1.38M
Price per square foot RM828
Recorded transactions 17
Gross yield 4.0–5.0%
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 floorRM2,800–5,500Anchor F&B, retail, clinic, salon
1st floorRM1,200–2,200Studio, tuition, spa, private dining
2nd floorRM800–1,600Back office, storage, co-working
Whole blockRM4,500–8,500Multi-floor F&B, medical, corporate
Sale prices & yield
AssetAsking rangeGross yield
Shophouse, intermediateRM1.2M–1.7M4.0–5.0%
Shophouse, cornerRM1.9M–2.5M4.0–5.0%
Reference: 17 recorded transactions at a median of RM1,380,000 and RM828 per sq ft (2024 – 2025). 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.

GAPPaediatric and family healthcare. A young-family catchment this size usually supports more clinical provision than is present.
GAPModern family dining. The offer is basic. A properly executed family restaurant would have little direct competition.
GAPWeekend leisure for children. Indoor play and activity provision is thin for the number of children in the catchment.
FULLAnother mini-mart
FULLAnother tuition centre
FULLAnother economy rice stall
07

The honest assessment

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

What genuinely works
  • The cheapest modern strip in western JB. RM828 psf with reasonable stock condition.
  • A catchment that is still growing. New residential phases keep adding households.
  • Two peaks: family evening, worker lunch. Tampoi is seven minutes away.
  • Healthy yield at 4.0–5.0%. Low entry price with real resident demand.
What you should price in
  • Only seventeen recorded transactions. Thin liquidity. Exiting may take considerably longer than buying.
  • No destination pull at all. Nobody drives here for anything. Every customer already lives or works nearby.
  • Low ticket across every segment. Family and worker trade both cap out around RM60 a head.
  • Sutera Utama takes the occasion spend. Ten minutes away and materially more attractive for anything special.
  • Growth is a forecast, not a fact. New phases can be delayed or repositioned. Confirm actual completions before you underwrite them.
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 Impian Emas 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 RM4,100/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 utility14,350The Malaysian “2 + 1 + ½” convention, payable before you touch the unit.
Stamp duty on the tenancy196 (1 yr) / 588 (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 agreement1,230Solicitors 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&B254,350 – 574,350Plus opening stock, POS, signage design, insurance and 3 months working capital.
15%Rent at 15% of revenue means RM4,100 rent needs RM27,333 a month — about RM911 a day.
HEADSAt an average spend of RM35 a head, that is 26 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 Impian Emas 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 Impian Emas?
A ground-floor shop lot in Impian Emas rents for RM2,800–5,500 per month. Upper floors are cheaper at RM1,200–2,200 for the first floor and RM800–1,600 for the second, and a whole block runs RM4,500–8,500. Corner units with main-road frontage sit at the top of each range.
How much does a shop lot in Impian Emas cost to buy?
Intermediate shophouses ask RM1.2M–1.7M and corner units RM1.9M–2.5M. Recorded transactions show a median of RM1,380,000 at RM828 per square foot across 17 deals (2024 – 2025). Gross yield runs 4.0–5.0%.
How much revenue do I need to cover rent in Impian Emas?
Rent should sit at or below 15% of revenue for a shop lot. On a RM4,100 monthly rent that means about RM27,333 a month, roughly RM911 a day, or 26 customers a day at an average spend of RM35.
Where exactly is Impian Emas?
Taman Impian Emas is on Jalan Impian Emas 1, 81300 Johor Bahru, Johor, Malaysia — coordinates 1.5238° N, 103.689° E, in Mukim Pulai under MBIP. It sits in skudai / tampoi belt, western jb.
What business works best in Impian Emas?
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.