GP INDUSTRIAL PARK

GP INDUSTRIAL PARK in Johor Bahru, Johor recorded 5 subsale transactions in 2022, with a median price of RM 780K and a median price per square foot (PSF) of RM 289.

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 780K, with most transactions falling within a stable range of RM 700K to RM 911K, and a typical market range of RM 701K to RM 859K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 289, though individual units vary from RM 229 to RM 349 in the core range. The broader market spans RM 225.88 to RM 352.13, indicating diverse property characteristics. The spread of RM 126.25 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.