BUKIT RAJA PRIME INDUSTRIAL PARK

BUKIT RAJA PRIME INDUSTRIAL PARK in Klang, Selangor recorded 9 subsale transactions in 2023, priced between RM 500K and RM 1.00 million, with a median price of RM 660K and a median price per square foot (PSF) of RM 507.

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 660K, with most transactions falling within a stable range of RM 600K to RM 761K, and a typical market range of RM 600K to RM 950K.

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

The median PSF stands at RM 507, with core pricing between RM 429 and RM 584. Market pricing typically extends from RM 441.38 to RM 572.13, reflecting moderate variation in unit pricing. The spread of RM 130.75 (IQR) and deviation of RM 77 (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.