TAMAN GUNUNG LAMBAK in Kluang, Johor recorded 2 subsale transactions in 2022, with a median price of RM 385K and a median price per square foot (PSF) of RM 141.
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 385K, with most transactions falling within a stable range of RM 315K to RM 455K, and a typical market range of RM 223K to RM 548K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 141, with core pricing between RM 125 and RM 156. Market pricing typically extends from RM 121.75 to RM 159.25, reflecting moderate variation in unit pricing. With an IQR of RM 37.50 and MAD of RM 16, 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.