TAMAN PERINDUSTRIAN CEMERLANG

TAMAN PERINDUSTRIAN CEMERLANG in Johor Bahru, Johor recorded 29 subsale transactions in 2024, with a median price of RM 2.34 million and a median price per square foot (PSF) of RM 236.

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 2.34 million, with most transactions falling within a stable range of RM 1.00 million to RM 3.71 million, and a typical market range of RM 1.56 million to RM 3.12 million.

Most transactions involved semi-detached factory/warehouse, with moderate diversity in property types available.

The median PSF stands at RM 236, with core pricing between RM 195 and RM 277. Market pricing typically extends from RM 203.50 to RM 268.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 41 (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. Moderate transaction volume may require patience when buying or selling.