Johor
Kluang
Ulu Benut
RENGLAND INDUSTRIAL PARK

RENGLAND INDUSTRIAL PARK

Area Intelligence

2023

Median Price

RM 950,000

PSF: RM 130

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Commercial PSF Trends

Median Price

RM 950,000

RM 130 PSF

RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 2 subsale transactions in 2023, with a median price of RM 950K and a median price per square foot (PSF) of RM 130.

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 950K, with most transactions falling within a stable range of RM 900K to RM 1.00 million, and a typical market range of RM 900K to RM 1.00 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 130, with most transactions between RM 120 and RM 139. The usual range is RM 116.50 to RM 142.50, 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 10 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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RENGLAND INDUSTRIAL PARK, Kluang, Johor

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