Johor
Johor Bahru
Pulai
GP INDUSTRIAL PARK

GP INDUSTRIAL PARK

Area Intelligence

2022

Median Price

RM 830,000

PSF: RM 255

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Commercial PSF Trends

Median Price

RM 830,000

RM 255 PSF

GP INDUSTRIAL PARK in Johor Bahru, Johor recorded 4 subsale transactions in 2022, priced between RM 750K and RM 2.00 million, with a median price of RM 830K and a median price per square foot (PSF) of RM 255.

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 830K, with most transactions falling within a stable range of RM 780K to RM 952K, and a typical market range of RM 780K to RM 909K.

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

The median PSF stands at RM 255, with core pricing between RM 206 and RM 305. Market pricing typically extends from RM 192.21 to RM 318.46, reflecting moderate variation in unit pricing. The spread of RM 126.25 (IQR) and deviation of RM 50 (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.

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GP INDUSTRIAL PARK, Johor Bahru, Johor

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