TAMAN RENGAM JAYA in Kluang, Johor recorded 4 subsale transactions in 2023, with a median price of RM 155K and a median price per square foot (PSF) of RM 189.
This area contains both residential and commercial properties. View 38 residential properties or 3 commercial properties separately for more focused analysis.
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 85K to RM 225K, and a typical market range of RM 88K to RM 223K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 189, with core pricing between RM 160 and RM 218. Market pricing typically extends from RM 161.50 to RM 216.50, reflecting moderate variation in unit pricing. The spread of RM 55.00 (IQR) and deviation of RM 29 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
