JOHBASE PARK

JOHBASE PARK in Kluang, Johor recorded 5 subsale transactions in 2024, with a median price of RM 100K and a median price per square foot (PSF) of RM 172.

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 100K, with most transactions falling within a stable range of RM 87K to RM 100K, and a typical market range of RM 71K to RM 100K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

The median PSF stands at RM 172, with core pricing between RM 150 and RM 194. Market pricing typically extends from RM 121.38 to RM 222.63, reflecting moderate variation in unit pricing. With an IQR of RM 101.25 and MAD of RM 22, 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.