Marketlyzer

Analyzing market opportunities

Gathering business intelligence data for your location

Data-Driven Market Intelligence

Best Pharmacy Location in Johor Bahru

Marketlyzer calculates a 73/100 opportunity score for pharmacys in Johor Bahru, supported by very high competition and $11,500 average income, plus a 82/100 foot traffic index.

With a startup-to-income ratio of 42.2:1, Johor Bahru requires efficient operations to maximize Pharmacy profitability

73/100 opportunity score
1,711,000 metro residents
$11,500 average income
65/100 launch timing score
Good - Favorable Window
Schedule Consultation
1,711K
City Population
$12K
Avg Income
Very High
Business Density
5
Key Industries
Market Analysis

Pharmacy Opportunity Score

Data-driven potential for success in Johor Bahru based on 7 key market factors

73 / 100

Market Opportunity

Based on 7 comprehensive market factors

Strong Opportunity

Financial Overview

Average Startup Cost
$485,000
Industry Success Rate
71%
Expected ROI Timeline
36-48 months
Customer Draw Radius
15,000m
Unique Market Intelligence

Johor Bahru Pharmacy Insights

Data-driven analysis unique to this market combination

Market Position Analysis

Unique positioning insights for Johor Bahru

With a startup-to-income ratio of 42.2:1, Johor Bahru requires efficient operations to maximize Pharmacy profitability

exceptional customer density of 71,292 residents per commercial dollar provides natural demand

The competitive Pharmacy market in Johor Bahru favors established concepts, with 82 foot traffic index

Combining Malaysia's 4.0% business growth with Johor Bahru's very high expansion trajectory creates 6.0% projected market expansion for new Pharmacys

Competitive Market Position

How Johor Bahru ranks nationally for pharmacys

With a 73.3/100 opportunity score, Johor Bahru outperforms 75% of comparable markets for Pharmacy ventures

Above-average foot traffic (82 index) creates consistent customer flow for street-level Pharmacy locations

Strategic Recommendations

Actionable strategies tailored for Johor Bahru

⏰ Market entry timing: Johor Bahru's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

💰 Pricing strategy: $11,500 average income indicates value-focused positioning - volume over margin approach recommended for Johor Bahru Pharmacys

📢 Marketing focus: Moderate foot traffic requires proactive customer acquisition - allocate 8-12% of revenue to digital marketing in Johor Bahru

Launch Timing & Momentum

Align your opening window with market-ready signals

Entry Signal

Good - Favorable Window

Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Timing score: 65/100
  • 🚀 Very high growth trajectory - first-mover advantage available
  • 🔥 High competition - differentiation critical
  • 🚶 Good foot traffic (82) - organic visibility

Seasonal Levers

  • Flu season
  • Cold and allergy seasons
  • Insurance renewal periods

Pharmacy Market Analysis for Johor Bahru

Why Johor Bahru for Pharmacys?

  • Metro population of 1,711,000 provides large customer base
  • Average income of $11,500 supports pharmacy spending
  • Very High business density indicates healthy economic activity
  • Strong demographics opportunities throughout the city
  • Strong accessibility opportunities throughout the city

Pharmacy Success Factors

Demographics
Essential
Accessibility
Essential
Parking
Essential
Medical facility proximity
Essential
Competition
Essential
Insurance networks
Essential

Seasonal Considerations for Johor Bahru

Flu season

Cold and allergy seasons

Insurance renewal periods

Best Johor Bahru Neighborhoods for Pharmacys

Data-driven analysis of optimal areas based on pharmacy success factors

Downtown Johor Bahru

High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base

Business District

Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities

Suburban Areas

Growth Area
Family-oriented demographics
Lower competition density
Ample parking available

Johor Bahru vs Other Malaysia Cities for Pharmacys

City Population Avg Income Market Score Action
Johor Bahru ⭐ 1,711,000 $11,500
73/100
Current City
Kuala Lumpur 8,622,000 $13,000
76/100
Compare →
George Town 2,413,000 $12,000
71/100
Compare →

Pharmacy FAQs for Johor Bahru

Why is now the right time to open in Johor Bahru?

With a 73.3/100 opportunity score, Johor Bahru outperforms 75% of comparable markets for Pharmacy ventures Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.

Which customers convert best?

11% of households earn $75k+, sustaining premium spend for pharmacys

What should my first location focus on?

⏰ Market entry timing: Johor Bahru's Very High growth trajectory suggests immediate market entry to capture first-mover advantage before competition saturates

How do local conditions impact operations?

Flu season

Ready to Open Your Pharmacy in Johor Bahru?

Good - Favorable Window with a 73/100 opportunity score, very high competition, and a 82/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.