PERINDUSTRIAN TEBRAU 1

PERINDUSTRIAN TEBRAU 1 in Johor Bahru, Johor recorded 2 subsale transactions in 2024, with a median price of RM 2.28 million and a median price per square foot (PSF) of RM 221.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.28 million, with most transactions falling within a stable range of RM 2.10 million to RM 2.46 million, and a typical market range of RM 2.10 million to RM 2.46 million.

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

For price per square foot, the median is RM 221, with most transactions between RM 203 and RM 238. The usual range is RM 171.50 to RM 269.50, showing that most units are priced quite close to each other. With an IQR of RM 98.00 and MAD of RM 18, 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.