TAMAN MEGAH / MEWAH

TAMAN MEGAH / MEWAH in Kluang, Johor recorded 3 subsale transactions in 2021, with a median price of RM 140K and a median price per square foot (PSF) of RM 165.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 140K, with most transactions falling within a stable range of RM 120K to RM 173K, and a typical market range of RM 120K to RM 186K.

Most transactions involved low-cost house, with moderate diversity in property types available.

The median PSF stands at RM 165, with core pricing between RM 139 and RM 191. Market pricing typically extends from RM 136.50 to RM 193.50, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

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.