TAMAN SRI MACHAP

Area Intelligence
2023
Median Price
RM 146,000
PSF: RM 140

Residential PSF Trends

Median Price

RM 146,000

PSF: RM 140

TAMAN SRI MACHAP in Kluang, Johor recorded 1 subsale transactions in 2023, with a median price of RM 146K and a median price per square foot (PSF) of RM 140.

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 146K, with most transactions falling within a stable range of RM 107K to RM 186K, and a typical market range of RM 105K to RM 187K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 140, with core pricing between RM 116 and RM 164. Market pricing typically extends from RM 122.25 to RM 157.75, reflecting moderate variation in unit pricing. The spread of RM 35.50 (IQR) and deviation of RM 24 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SRI MACHAP, Kluang, Johor

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