TAMAN PERINDUSTRIAN CEMERLANG

TAMAN PERINDUSTRIAN CEMERLANG in Johor Bahru, Johor recorded 30 subsale transactions in 2023, with a median price of RM 2.43 million and a median price per square foot (PSF) of RM 206.

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 2.43 million, with most transactions falling within a stable range of RM 950K to RM 5.64 million, and a typical market range of RM 1.64 million to RM 3.21 million.

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

The median PSF stands at RM 206, with core pricing between RM 167 and RM 245. Market pricing typically extends from RM 173.50 to RM 238.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 39 (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.