RENGLAND INDUSTRIAL PARK

RENGLAND INDUSTRIAL PARK in Kluang, Johor recorded 4 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 157.

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 425K, with most transactions falling within a stable range of RM 350K to RM 730K, and a typical market range of RM 350K to RM 638K.

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

Price per square foot shows a median of RM 157, though individual units vary from RM 113 to RM 200 in the core range. The broader market spans RM 138.25 to RM 174.75, indicating diverse property characteristics. A wider spread (IQR: RM 36.50) and deviation (MAD: RM 44) indicate significant PSF variations, likely due to diverse property types or conditions.

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.