TAMAN PUTERIMAS (KLUANG) in Kluang, Johor recorded 73 subsale transactions in 2021, with a median price of RM 223K and a median price per square foot (PSF) of RM 119.
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 223K, with most transactions falling within a stable range of RM 185K to RM 261K, and a typical market range of RM 192K to RM 254K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 119, with core pricing between RM 100 and RM 138. Market pricing typically extends from RM 91.00 to RM 147.00, reflecting moderate variation in unit pricing. The spread of RM 56.00 (IQR) and deviation of RM 19 (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. Moderate transaction volume may require patience when buying or selling.