TAMAN SRI BAYU SIMPANG RENGAM

TAMAN SRI BAYU SIMPANG RENGAM in Kluang, Johor recorded 3 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 195.

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 150K, with most transactions falling within a stable range of RM 150K to RM 169K, and a typical market range of RM 150K to RM 190K.

Most transactions involved 2 - 2 1/2 storey semi-det, with high diversity across multiple property types.

The median PSF stands at RM 195, with core pricing between RM 170 and RM 220. Market pricing typically extends from RM 178.63 to RM 211.38, reflecting moderate variation in unit pricing. With an IQR of RM 32.75 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

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.