PERINDUSTRIAN RINGAN LIAN SENG

PERINDUSTRIAN RINGAN LIAN SENG in Kluang, Johor recorded 1 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 244.

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 518K to RM 983K, and a typical market range of RM 634K to RM 866K.

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

The median PSF stands at RM 244, with core pricing between RM 197 and RM 292. Market pricing typically extends from RM 220.25 to RM 267.75, reflecting moderate variation in unit pricing. The spread of RM 47.50 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.