RENGLAND INDUSTRIAL PARK

RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 2 subsale transactions in 2024, priced between RM 1.00 million and RM 2.00 million, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 137.

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 1.05 million, with most transactions falling within a stable range of RM 1.00 million to RM 1.10 million, and a typical market range of RM 1.00 million to RM 1.10 million.

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

For price per square foot, the median is RM 137, with most transactions between RM 135 and RM 139. The usual range is RM 124.02 to RM 150.02, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.