PERINDUSTRIAN TANJUNG LANGSAT in Johor Bahru, Johor recorded 2 subsale transactions in 2021, with a median price of RM 40.51 million and a median price per square foot (PSF) of RM 59.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 40.51 million, with most transactions falling within a stable range of RM 31.81 million to RM 49.21 million, and a typical market range of RM 34.41 million to RM 46.61 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 59, though individual units vary from RM 47 to RM 71 in the core range. The broader market spans RM 42.00 to RM 76.00, indicating diverse property characteristics. The spread of RM 34.00 (IQR) and deviation of RM 12 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.