Johor
Johor Bahru
Pulai
GP INDUSTRIAL PARK

GP INDUSTRIAL PARK

Area Intelligence

2022

Median Price

RM 780,000

PSF: RM 271

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Commercial PSF Trends

Median Price

RM 780,000

RM 271 PSF

GP INDUSTRIAL PARK in Johor Bahru, Johor recorded 3 subsale transactions in 2022, priced between RM 750K and RM 1.00 million, with a median price of RM 780K and a median price per square foot (PSF) of RM 271.

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 780K to RM 827K, and a typical market range of RM 780K to RM 859K.

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

For price per square foot, the median is RM 271, with most transactions between RM 256 and RM 286. The usual range is RM 207.58 to RM 333.84, showing that most units are priced quite close to each other. With an IQR of RM 126.25 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

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.

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GP INDUSTRIAL PARK, Johor Bahru, Johor

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