TAMAN MUHIBBAH SIMPANG RENGAM

TAMAN MUHIBBAH SIMPANG RENGAM in Kluang, Johor recorded 1 subsale transactions in 2022, with a median price of RM 140K and a median price per square foot (PSF) of RM 182.

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 140K, with most transactions falling within a stable range of RM 125K to RM 155K, and a typical market range of RM 110K to RM 170K.

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

The median PSF stands at RM 182, with core pricing between RM 163 and RM 201. Market pricing typically extends from RM 171.25 to RM 192.75, reflecting moderate variation in unit pricing. With an IQR of RM 21.50 and MAD of RM 19, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.