RENGLAND INDUSTRIAL PARK

Area Intelligence
2022
Median Price
RM 425,000
PSF: RM 157

Commercial PSF Trends

Median Price

RM 425,000

RM 157 PSF

RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 4 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 157.

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 425K, with most transactions falling within a stable range of RM 350K to RM 730K, and a typical market range of RM 350K to RM 575K.

Most transactions involved 2 - 2 1/2 storey shop2 - 2 1/2 , with high diversity across multiple property types.

Price per square foot shows a median of RM 157, though individual units vary from RM 113 to RM 200 in the core range. The broader market spans RM 143.50 to RM 169.50, indicating diverse property characteristics. A wider spread (IQR: RM 26.00) and deviation (MAD: RM 44) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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RENGLAND INDUSTRIAL PARK, Kluang, Johor

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Transactions

4 transactions grouped by size

2,400 sqft
Terraced Factory
RM 450,000
JALAN RENGLAND 4
2,400 sqft · RM 187 PSF
RM 350,000
JALAN RENGLAND 4
2,400 sqft · RM 146 PSF
RM 400,000
JALAN RENGLAND 5
2,400 sqft · RM 167 PSF
15,500 sqft
Detached Factory
RM 1,100,000
JALAN RENGLAND 3
15,511 sqft · RM 71 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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