RENGLAND INDUSTRIAL PARK

RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 6 subsale transactions in 2024, with a median price of RM 915K and a median price per square foot (PSF) of RM 132.

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 915K, with most transactions falling within a stable range of RM 819K to RM 1.01 million, and a typical market range of RM 800K to RM 1.10 million.

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

The median PSF stands at RM 132, with core pricing between RM 114 and RM 150. Market pricing typically extends from RM 113.75 to RM 150.25, reflecting moderate variation in unit pricing. With an IQR of RM 36.50 and MAD of RM 18, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.