KAWASAN PERINDUSTRIAN GRISEK

KAWASAN PERINDUSTRIAN GRISEK in Tangkak, Johor recorded 1 subsale transactions in 2023, with a median price of RM 7.50 million and a median price per square foot (PSF) of RM 37.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 37, with most transactions between RM 37 and RM 37. The usual range is RM 34.25 to RM 39.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.