| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Rengland 5
|
RM 450,000
|
RM 146
|
3,089 sqft
|
|
|
Jalan Rengland 2
|
RM 1,000,000
|
RM 139
|
7,201 sqft
|
|
|
Jalan Rengland 2
|
RM 900,000
|
RM 120
|
7,470 sqft
|
|
|
Jalan Rengland 3
|
RM 1,160,000
|
RM 81
|
14,251 sqft
|
|
|
Jalan Rengland 3
|
RM 2,360,000
|
RM 120
|
19,632 sqft
|
|
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Market Snapshot
CommercialRM 1,000,000
RM 120 psfMedian transaction price
Jalan Rengland, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsRengland Industrial Park in Kluang, Johor recorded 5 subsale transactions in 2023, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 120.
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 1.00 million, with most transactions falling within a stable range of RM 450K to RM 1.64 million, and a typical market range of RM 850K to RM 1.15 million.
Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.
The median PSF stands at RM 120, with core pricing between RM 98 and RM 143. Market pricing typically extends from RM 107.48 to RM 133.48, reflecting moderate variation in unit pricing. The spread of RM 26.00 (IQR) and deviation of RM 22 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.