SRI PLENTONG INDUSTRIAL PARK

SRI PLENTONG INDUSTRIAL PARK in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 20.41 million and a median price per square foot (PSF) of RM 114.

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 20.41 million, with most transactions falling within a stable range of RM 3.55 million to RM 37.26 million, and a typical market range of RM 18.90 million to RM 21.91 million.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 114, though individual units vary from RM 63 to RM 165 in the core range. The broader market spans RM 50.63 to RM 177.38, indicating diverse property characteristics. A wider spread (IQR: RM 126.75) and deviation (MAD: RM 51) indicate significant PSF variations, likely due to diverse property types or conditions.

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.