SRI PLENTONG INDUSTRIAL PARK in Johor Bahru, Johor recorded 4 subsale transactions in 2024, with a median price of RM 2.23 million and a median price per square foot (PSF) of RM 229.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.23 million, with most transactions falling within a stable range of RM 3.55 million to RM 19.08 million, and a typical market range of RM 3.55 million to RM 3.73 million.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
Price per square foot shows a median of RM 229, though individual units vary from RM 178 to RM 280 in the core range. The broader market spans RM 165.63 to RM 292.38, indicating diverse property characteristics. The spread of RM 126.75 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
