PERINDUSTRIAN TANJUNG LANGSAT

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 8.68 million to RM 26.08 million, and a typical market range of RM 11.28 million to RM 23.48 million.

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

The median PSF stands at RM 104, with core pricing between RM 92 and RM 116. Market pricing typically extends from RM 86.50 to RM 120.50, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.

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.