Johor
Kluang
Layang-Layang
TAMAN MEWAH

TAMAN MEWAH

Area Intelligence

2023

Median Price

RM 230,000

PSF: RM 113

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Residential PSF Trends

Median Price

RM 230,000

PSF: RM 113

TAMAN MEWAH in Kluang, Johor recorded 3 subsale transactions in 2023, with a median price of RM 230K and a median price per square foot (PSF) of RM 113.

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 230K, with most transactions falling within a stable range of RM 174K to RM 230K, and a typical market range of RM 118K to RM 230K.

Most transactions involved low-cost house, with high diversity across multiple property types.

For price per square foot, the median is RM 113, with most transactions between RM 111 and RM 115. The usual range is RM 94.75 to RM 131.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.50 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.

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TAMAN MEWAH, Kluang, Johor

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