Johor
Kluang
Ulu Benut
RENGLAND INDUSTRIAL PARK

RENGLAND INDUSTRIAL PARK

Area Intelligence

2022

Median Price

RM 425,000

PSF: RM 157

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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.

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 157, with most transactions between RM 157 and RM 157. The usual range is RM 143.50 to RM 169.50, 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 0 indicate a highly stable PSF trend across properties.

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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