TAMAN OKID SIMPANG RENGAM

TAMAN OKID SIMPANG RENGAM in Kluang, Johor recorded 2 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 161.

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 160K, with most transactions falling within a stable range of RM 120K to RM 200K, and a typical market range of RM 120K to RM 200K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 161, with core pricing between RM 130 and RM 191. Market pricing typically extends from RM 140.13 to RM 180.88, reflecting moderate variation in unit pricing. The spread of RM 40.75 (IQR) and deviation of RM 31 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.