Factory Prices, Rents & Land Transactions in Serendah (July 2026)
152 industrial properties changed hands in Serendah in the 12 months to July 2026, worth RM512.05 million in total. Median transacted prices over the last 24 months: terrace factory RM250,000, semi-detached factory RM3.16 million, detached factory RM7.75 million, industrial land RM35 psf. Registered factory rents: median RM0.95 psf/month. Every figure is computed from JPPH-registered transfers and tenancies, not asking prices.
Key takeaways
- 152 industrial deals worth RM512.05 million were registered in Serendah in the 12 months to July 2026.
- Median prices (last 24 months): terrace factory RM250,000, semi-detached factory RM3.16 million, detached factory RM7.75 million, industrial land RM35 psf.
- Registered factory tenancies in Serendah (28 in 24 months) rent at a median RM0.95 psf/month: terrace factories RM0.77 psf/month.
- Like for like (same industrial park, same type), terrace factory prices moved +7% year on year, measured across 3 parks and 111 recent deals.
- Most active industrial park: Bukit Beruntung (137 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.
What the numbers mean
For a buyer or tenant, the entry point in Serendah is a terrace factory: 265 recorded deals over 24 months, a median price of RM250,000 and a typical range of RM185,000 to RM345,000, at RM138 psf of built-up. Larger units cost far more, with semi-detached factories at a median of RM3.16 million and detached factories at RM7.75 million. Industrial land recorded a median of RM2.41 million at RM35 psf of land. Registered factory tenancies over 24 months came to 28, with a median rent of RM0.95 psf/month and a typical term of 21 months; terrace factory rent was RM0.77 psf/month, a median monthly rent of RM1,500 for about 2,000 sq ft.
Against the wider Hulu Selangor District, factory built-up here is RM144 psf versus RM154 psf, 6% lower, while industrial land is RM35 psf versus RM30 psf, 17% higher, and factory rent is RM0.95 psf/month versus RM0.85 psf/month, 12% higher. Like-for-like terrace factory prices rose 7% across 3 parks, and industrial land rose 20% across 4 parks, so land rather than buildings is driving recent movement. These are the registered deals available so far, not every unit sold or rented. The most active industrial park recorded 137 deals in 24 months.
Transacted prices by factory type in Serendah (last 24 months)
| Type | Deals | Median price | Typical range (P25 to P75) | Median built-up (sq ft) | Built-up psf | Land psf |
|---|---|---|---|---|---|---|
| Terrace factory | 265 | RM250,000 | RM185,000 – RM345,000 | 1,920 | RM138 | RM115 |
| Semi-detached factory | 29 | RM3.16 million | RM680,000 – RM3.8 million | 5,186 | RM393 | RM201 |
| Detached factory | 8 | RM7.75 million | RM5.36 million – RM17.75 million | 23,997 | RM394 | RM139 |
| Industrial land | 70 | RM2.41 million | RM817,000 – RM4.86 million | · | · | RM35 |
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 Serendah (last 24 months)
| Type | Tenancies | Median rent psf/month | Typical range | Median monthly rent | Median size (sq ft) |
|---|---|---|---|---|---|
| Terrace factory | 19 | RM0.77 | RM0.66 – RM1.02 | RM1,500 | 2,000 |
From 28 tenancies registered with JPPH to July 2026. Rent is per sq ft of rented floor area per month. Typical tenancy term: 21 months.
Rent by factory size
| Size | Tenancies | Median psf/month | Median monthly rent |
|---|---|---|---|
| Under 3,000 sq ft | 23 | RM0.80 | RM1,500 |
| 3,000 to 10,000 sq ft | 4 | · | · |
| 30,000 to 60,000 sq ft | 1 | · | · |
Deals per quarter in Serendah
| Quarter | Deals | Total value | Median factory psf (built-up) | Median land psf |
|---|---|---|---|---|
| Q3 2026* | 1 | RM220,000 | · | · |
| Q2 2026* | 28 | RM19.21 million | RM164 | · |
| Q1 2026 | 27 | RM21.61 million | RM129 | RM28 |
| Q4 2025 | 52 | RM426.01 million | RM154 | RM35 |
| Q3 2025 | 59 | RM65.29 million | RM138 | RM79 |
| Q2 2025 | 42 | RM44.81 million | RM141 | RM29 |
| Q1 2025 | 55 | RM156.34 million | RM144 | RM31 |
| Q4 2024 | 72 | RM143.15 million | RM147 | RM42 |
| Q3 2024 | 55 | RM143.2 million | RM175 | · |
| Q2 2024 | 67 | RM193.36 million | RM191 | RM27 |
| Q1 2024 | 45 | RM40.9 million | RM208 | RM28 |
| Q4 2023 | 55 | RM141.36 million | RM151 | RM36 |
* Provisional (still being lodged)
Year by year in Serendah
| Year | Deals | Total value | Terrace factory | Semi-detached factory | Detached factory | Median land psf |
|---|---|---|---|---|---|---|
| 2026(to date) | 56 | RM41.04 million | RM250,000 | · | · | RM27 |
| 2025 | 208 | RM692.45 million | RM210,000 | RM3.16 million | · | RM35 |
| 2024 | 239 | RM520.61 million | RM298,000 | RM790,000 | · | RM29 |
| 2023 | 170 | RM268.83 million | RM250,000 | RM695,000 | RM7.01 million | RM28 |
| 2022 | 140 | RM557.54 million | RM250,000 | RM3.27 million | RM6.69 million | RM45 |
| 2021 | 95 | RM370.17 million | RM260,000 | RM2.13 million | RM24.8 million | RM39 |
Most active industrial parks in Serendah
| Industrial park | Deals (24 months) | Main type | Median factory price | Factory psf | Land psf |
|---|---|---|---|---|---|
| Bukit Beruntung | 137 | Terrace factory | RM270,000 | RM169 | RM82 |
| Bukit Sentosa | 121 | Terrace factory | RM195,000 | RM109 | RM64 |
| Gabung Sentosa Industrial Park | 33 | Terrace factory | RM775,000 | RM281 | · |
| Kawasan Per & Kejuruteraan Rasa | 22 | Industrial land | RM762,000 | · | RM30 |
| Sungai Choh | 18 | Industrial land | RM2.07 million | · | RM24 |
| Rawang Corporate Industrial Park | 16 | Semi-detached factory | RM3.77 million | RM529 | · |
| Bandar Sungai Buaya | 7 | Industrial land | RM4.82 million | · | RM45 |
| Pusat Perdagangan Seri Pagi | 5 | Semi-detached factory | RM530,000 | RM140 | · |
| Kampung Mohd Taib | 3 | Detached factory | · | · | · |
What a factory costs by size
| Built-up size | Deals | Median price | Median psf |
|---|---|---|---|
| Under 3,000 sq ft | 246 | RM240,000 | RM141 |
| 3,000 to 10,000 sq ft | 46 | RM675,000 | RM149 |
| 10,000 to 30,000 sq ft | 6 | RM4.37 million | RM339 |
| 30,000 to 60,000 sq ft | 2 | · | · |
| 60,000 sq ft and above | 2 | · | · |
Freehold vs leasehold
| Tenure | Deals (24 months) | Median factory psf (built-up) |
|---|---|---|
| Freehold | 301 | RM144 |
| Leasehold | 1 | · |
Deals by price band (last 24 months)
| Price band | Deals |
|---|---|
| Under RM1 million | 293 |
| RM1 million to RM2 million | 16 |
| RM2 million to RM5 million | 39 |
| RM5 million to RM10 million | 14 |
| RM10 million to RM20 million | 4 |
| RM20 million and above | 6 |
Asking vs transacted
Factories listed for rent in Serendah ask a median RM1.65 psf/month (5 listings); registered tenancies in Serendah were signed at a median RM0.95. Asking-price index (live listings) →
How these figures are calculated
Download this page's aggregate data (CSV)
- 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.
- 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.
- 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.
- 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.
- Only totals and medians are published. No individual transaction, owner name, lot or street number appears on this page.
- 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.
- Recalculated weekly as new transfers are registered.
Frequently asked questions
How much does a factory cost in Serendah?
Based on JPPH-registered transfers in the 24 months to July 2026: terrace factory median RM250,000 (typically RM185,000 to RM345,000, 265 deals); semi-detached factory median RM3.16 million (typically RM680,000 to RM3.8 million, 29 deals); detached factory median RM7.75 million (typically RM5.36 million to RM17.75 million, 8 deals). Across all factory types the median is RM138 psf of built-up area over the last 12 months.
What is the price of industrial land in Serendah?
Industrial land in Serendah transacted at a median RM35 psf over the last 24 months, typically RM27 psf to RM64 psf (70 deals). The median plot was about 1.2 acres, at a median price of RM2.41 million. Smaller lots and land with services in place usually sit at the upper end.
Are factory prices in Serendah going up?
Comparing the 12 months to July 2026 with the 12 months before, within the same industrial park and property type: terrace factory +7% (3 parks); industrial land +20% (4 parks). Comparing like with like avoids reading a shift in what sold (say, more small low-cost units) as a price change. Moves within about 5% are best read as flat.
How many industrial properties are sold in Serendah each year?
208 industrial transfers worth RM692.45 million were registered in 2025. 2021: 95, 2022: 140, 2023: 170, 2024: 239, 2025: 208.
How much is a 10,000 sq ft factory in Serendah?
By built-up size over the last 24 months: Under 3,000 sq ft: median RM240,000; 3,000 to 10,000 sq ft: median RM675,000; 10,000 to 30,000 sq ft: median RM4.37 million. Location inside the park, land size and tenure move the price as much as floor area.
How much is factory rent in Serendah?
Tenancies registered with JPPH in the 24 months to July 2026 put factory rent in Serendah at a median RM0.95 psf/month, typically RM0.73 psf/month to RM1.12 psf/month. By type: terrace factories RM0.77 psf/month (median monthly rent RM1,500, about 2,000 sq ft, 19 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
Serendah industrial property guides
We can pull the comparable transfers for your exact park and plot size and give you a realistic price.