| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Rengland 4
|
RM 450,000
|
RM 146
|
3,089 sqft
|
|
|
|
Jalan Rengland 4
|
RM 350,000
|
RM 113
|
3,089 sqft
|
|
|
|
Jalan Rengland 5
|
RM 400,000
|
RM 129
|
3,089 sqft
|
|
|
Jalan Rengland 3
|
RM 1,100,000
|
RM 71
|
15,511 sqft
|
|
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Market Snapshot
CommercialRM 425,000
RM 121 psfMedian transaction price
Jalan Rengland, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsRengland 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 121.
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 semi-detached factory/warehouse, with high diversity across multiple property types.
Price per square foot shows a median of RM 121, though individual units vary from RM 94 to RM 149 in the core range. The broader market spans RM 108.39 to RM 134.39, indicating diverse property characteristics. The spread of RM 26.00 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
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.