TAMAN PERINDUSTRIAN WAWASAN in Kluang, Johor recorded 6 subsale transactions in 2023, with a median price of RM 324K and a median price per square foot (PSF) of RM 62.
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 324K, with most transactions falling within a stable range of RM 221K to RM 427K, and a typical market range of RM 213K to RM 435K.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 62, with core pricing between RM 51 and RM 73. Market pricing typically extends from RM 50.50 to RM 73.50, reflecting moderate variation in unit pricing. The spread of RM 23.00 (IQR) and deviation of RM 11 (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.
