Factory Prices, Rents & Land Transactions in Meru (July 2026)

12 industrial properties changed hands in Meru in the 12 months to July 2026, worth RM62.38 million in total. Median transacted prices over the last 24 months: semi-detached factory RM8.2 million, terrace factory RM535,000. Registered factory rents: median RM2.03 psf/month. Every figure is computed from JPPH-registered transfers and tenancies, not asking prices.

Source: JPPH-registered transfersData to July 202643 deals in 24 months

Key takeaways

  • 12 industrial deals worth RM62.38 million were registered in Meru in the 12 months to July 2026.
  • Median prices (last 24 months): semi-detached factory RM8.2 million, terrace factory RM535,000.
  • Registered factory tenancies in Meru (14 in 24 months) rent at a median RM2.03 psf/month: semi-detached factories RM2.03 psf/month.
  • Most active industrial park: Meru Industrial Park (22 deals in 24 months).
  • The two most recent quarters are provisional: transfers are lodged with JPPH weeks to months after signing, so their counts will still rise.
12
Deals, 12 months to July 2026
RM2.03
Median factory rent psf/month (registered)
RM433 psf
Median factory price, built-up
n/a
Median industrial land price

What the numbers mean

For a factory buyer or tenant in Meru, the clearest figure is the gap between terrace and semi-detached units. Recorded terrace factory deals show a median price of RM535,000, with a typical range of RM325,000 to RM1.95 million, while semi-detached factories show a median of RM8.2 million and a typical range of RM3.5 million to RM8.44 million. The semi-detached rate of RM649 psf of built-up against RM330 psf of land suggests land is a smaller part of the price than the building itself.

Against Klang and Port Klang, factory built-up here is RM553 psf versus RM405 psf, 37% higher, and rent is RM2.03 psf/month versus RM1.44 psf/month, 41% higher. Recorded tenancies show a median rent of RM2.03 psf/month, typically RM1.33 psf/month to RM2.20 psf/month, with a typical term of 24 months. Semi-detached factory rent is RM2.03 psf/month, a median RM15,000 a month for about 9,000 sq ft.

Transacted prices by factory type in Meru (last 24 months)

TypeDealsMedian priceTypical range (P25 to P75)Median built-up (sq ft)Built-up psfLand psf
Terrace factory14RM535,000RM325,000 – RM1.95 million2,216RM242RM271
Semi-detached factory26RM8.2 millionRM3.5 million – RM8.44 million11,277RM649RM330

Built-up psf = price ÷ main floor area. Land psf = price ÷ land area, the usual yardstick for detached and semi-detached factories that sit on large plots.

Registered factory rents in Meru (last 24 months)

TypeTenanciesMedian rent psf/monthTypical rangeMedian monthly rentMedian size (sq ft)
Semi-detached factory9RM2.03RM1.24 – RM2.14RM15,0009,000

From 14 tenancies registered with JPPH to July 2026. Rent is per sq ft of rented floor area per month. Typical tenancy term: 24 months.

Rent by factory size

SizeTenanciesMedian psf/monthMedian monthly rent
Under 3,000 sq ft3··
3,000 to 10,000 sq ft6RM2.09RM11,300
10,000 to 30,000 sq ft5RM1.21RM28,000

Deals per quarter in Meru

051015208Q4202316Q120247Q220249Q3202411Q420244Q120258Q220258Q320252Q420251Q120262Q220261Q32026
Registered industrial deals per quarterProvisional (still being lodged)
QuarterDealsTotal valueMedian factory psf (built-up)Median land psf
Q3 2026*1RM570,000··
Q2 2026*2RM700,000··
Q1 20261RM1.8 million··
Q4 20252RM11.88 million··
Q3 20258RM63.88 millionRM665·
Q2 20258RM36.74 millionRM466·
Q1 20254RM16.63 million··
Q4 202411RM82.95 millionRM647·
Q3 20249RM44.43 millionRM455·
Q2 20247RM38 millionRM468·
Q1 202416RM51.04 millionRM213·
Q4 20238RM25.89 millionRM430·

* Provisional (still being lodged)

Year by year in Meru

YearDealsTotal valueTerrace factorySemi-detached factoryDetached factoryMedian land psf
2026(to date)4RM3.07 million····
202522RM129.13 millionRM500,000RM8.2 million··
202443RM216.41 millionRM473,000RM4.2 million··
202324RM118.96 million·RM3.3 million··
202231RM106.19 millionRM1.1 millionRM3.52 million··
202120RM53.79 millionRM440,000RM2.8 million··

Most active industrial parks in Meru

Industrial parkDeals (24 months)Main typeMedian factory priceFactory psfLand psf
Meru Industrial Park22Semi-detached factoryRM3.75 millionRM532·
Batu 5 Meru7Terrace factoryRM520,000RM252·
Meru Barat Industrial6Semi-detached factoryRM13.04 millionRM710·
Nouvelle Industrial Park Meru5Terrace factoryRM2.1 millionRM466·
Meru Indah Light Industrial3Semi-detached factory···

What a factory costs by size

Built-up sizeDealsMedian priceMedian psf
Under 3,000 sq ft9RM470,000RM234
3,000 to 10,000 sq ft16RM2.84 millionRM553
10,000 to 30,000 sq ft17RM8.4 millionRM647

Freehold vs leasehold

TenureDeals (24 months)Median factory psf (built-up)
Freehold42RM553
Leasehold0·

Deals by price band (last 24 months)

Price bandDeals
Under RM1 million11
RM1 million to RM2 million1
RM2 million to RM5 million12
RM5 million to RM10 million11
RM10 million to RM20 million8
RM20 million and above0

How these figures are calculated

Download this page's aggregate data (CSV)

  1. Source: industrial property transfers registered with JPPH (Jabatan Penilaian dan Perkhidmatan Harta), the government valuation department. Industrial buildings plus vacant industrial lots and land approved for industrial development.
  2. Coverage: January 2021 to July 2026. The 12-month window is August 2025 to July 2026. The 24-month window is used for the breakdown tables so each figure has enough deals.
  3. A transfer lodged on several titles at one price is counted once, with the areas added up. Nominal transfers under RM150,000 and implausible prices per sq ft are removed before any median is calculated.
  4. Figures are medians, with the typical range shown as the 25th to 75th percentile. A median is only published from 5 deals or more; an industrial park is only listed from 3 deals.
  5. Only totals and medians are published. No individual transaction, owner name, lot or street number appears on this page.
  6. Built-up area is missing on most 2021 and 2022 records, so built-up psf starts from 2023; deal counts, values and land psf cover every year.
  7. Recalculated weekly as new transfers are registered.

Frequently asked questions

How much does a factory cost in Meru?

Based on JPPH-registered transfers in the 24 months to July 2026: terrace factory median RM535,000 (typically RM325,000 to RM1.95 million, 14 deals); semi-detached factory median RM8.2 million (typically RM3.5 million to RM8.44 million, 26 deals). Across all factory types the median is RM433 psf of built-up area over the last 12 months.

How many industrial properties are sold in Meru each year?

22 industrial transfers worth RM129.13 million were registered in 2025. 2021: 20, 2022: 31, 2023: 24, 2024: 43, 2025: 22.

How much is a 10,000 sq ft factory in Meru?

By built-up size over the last 24 months: Under 3,000 sq ft: median RM470,000; 3,000 to 10,000 sq ft: median RM2.84 million; 10,000 to 30,000 sq ft: median RM8.4 million. Location inside the park, land size and tenure move the price as much as floor area.

How much is factory rent in Meru?

Tenancies registered with JPPH in the 24 months to July 2026 put factory rent in Meru at a median RM2.03 psf/month, typically RM1.33 psf/month to RM2.20 psf/month. By type: semi-detached factories RM2.03 psf/month (median monthly rent RM15,000, about 9,000 sq ft, 9 tenancies). Ceiling height, power supply and loading access move rent as much as location.

Where does this transaction data come from?

From industrial property transfers and factory tenancies registered with JPPH, the Malaysian government valuation department, from 2021 to July 2026. FactoryHub aggregates them into counts and medians; no individual deal, owner or lot number is published. Figures are recalculated weekly.

Other areas

Meru industrial property guides

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