Johor
Johor Bahru
Sungai Tiram
PERINDUSTRIAN TANJUNG LANGSAT

PERINDUSTRIAN TANJUNG LANGSAT

Area Intelligence

2023

Median Price

RM 17,375,000

PSF: RM 104

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Commercial PSF Trends

Median Price

RM 17,375,000

RM 104 PSF

PERINDUSTRIAN TANJUNG LANGSAT in Johor Bahru, Johor recorded 2 subsale transactions in 2023, with a median price of RM 17.38 million and a median price per square foot (PSF) of RM 104.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 17.38 million, with most transactions falling within a stable range of RM 12.25 million to RM 22.50 million, and a typical market range of RM 12.25 million to RM 22.50 million.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 104, with most transactions between RM 94 and RM 113. The usual range is RM 86.50 to RM 120.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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PERINDUSTRIAN TANJUNG LANGSAT, Johor Bahru, Johor

OSM

Track location

Transactions

2 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 22,500,000

JALAN NIBONG 2

198,271 sqft • RM 113.00 PSF

Dec 2023

RM 12,250,000

KAW.PERINDUSTRIAN TG.LANGSAT

130,674 sqft • RM 94.00 PSF

Feb 2023

Road	Price	Land PSF	Land	Date	Type
JALAN NIBONG 2	RM 22,500,000	RM 113.00	198,271 sqft	Dec 2023	Detached Factory
KAW.PERINDUSTRIAN TG.LANGSAT	RM 12,250,000	RM 94.00	130,674 sqft	Feb 2023	Detached Factory