RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 5 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 120.
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 1.00 million, with most transactions falling within a stable range of RM 830K to RM 1.17 million, and a typical market range of RM 850K to RM 1.15 million.
Most transactions involved 2 - 2 1/2 storey shop2 - 2 1/2 , with high diversity across multiple property types.
The median PSF stands at RM 120, with core pricing between RM 107 and RM 133. Market pricing typically extends from RM 107.48 to RM 133.48, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 13, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
