SENAI INDUSTRIAL PARK

Area Intelligence

2021

Median Price

RM 650,000

PSF: RM 155

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Commercial PSF Trends

Median Price

RM 650,000

RM 155 PSF

SENAI INDUSTRIAL PARK in Kulai, Johor recorded 3 subsale transactions in 2021, priced between RM 500K and RM 1.00 million, with a median price of RM 650K and a median price per square foot (PSF) of RM 155.

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 650K, with most transactions falling within a stable range of RM 650K to RM 744K, and a typical market range of RM 650K to RM 850K.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

For price per square foot, the median is RM 155, with most transactions between RM 144 and RM 166. The usual range is RM 104.24 to RM 206.24, showing that most units are priced quite close to each other. With an IQR of RM 102.00 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

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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SENAI INDUSTRIAL PARK, Kulai, Johor

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