TAMAN MUHIBBAH SIMPANG RENGAM

TAMAN MUHIBBAH SIMPANG RENGAM in Kluang, Johor recorded 1 subsale transactions in 2023, with a median price of RM 155K and a median price per square foot (PSF) of RM 201.

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 155K, with most transactions falling within a stable range of RM 140K to RM 170K, and a typical market range of RM 125K to RM 185K.

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

For price per square foot, the median is RM 201, with most transactions between RM 182 and RM 220. The usual range is RM 190.25 to RM 211.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 21.50 and an average deviation (MAD) of RM 19 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.