JALAN SEELONG - SENAI in Kulai, Johor recorded 2 subsale transactions in 2022, with a median price of RM 18.50 million and a median price per square foot (PSF) of RM 112.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 18.50 million, with most transactions falling within a stable range of RM 12.50 million to RM 24.50 million, and a typical market range of RM 14.45 million to RM 22.55 million.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 112, with core pricing between RM 92 and RM 132. Market pricing typically extends from RM 93.50 to RM 129.50, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 20 (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.