GP INDUSTRIAL PARK

GP INDUSTRIAL PARK in Johor Bahru, Johor recorded 1 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 278.

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 750K, with most transactions falling within a stable range of RM 685K to RM 815K, and a typical market range of RM 671K to RM 829K.

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

The median PSF stands at RM 278, with core pricing between RM 239 and RM 317. Market pricing typically extends from RM 214.88 to RM 341.13, reflecting moderate variation in unit pricing. With an IQR of RM 126.25 and MAD of RM 39, 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.