RENGLAND INDUSTRIAL PARK

RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 2 subsale transactions in 2023, priced between RM 1.00 million and RM 2.00 million, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 110.

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 1.08 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.16 million, and a typical market range of RM 1.00 million to RM 1.16 million.

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 110, though individual units vary from RM 81 to RM 139 in the core range. The broader market spans RM 97.13 to RM 123.13, indicating diverse property characteristics. A wider spread (IQR: RM 26.00) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.