Area Intelligence

Kampung BARU SIMPANG RENGAM

4 properties
2024
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Median Price
RM 775,000
PSF: RM 321

Residential Market

Median Price

RM 275,000

IQR: RM 8
MAD: RM 7
RM 67 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,425,000

IQR: RM 148
MAD: RM 148
RM 719 PSF

PSF Trends (2021-2025)

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 4 subsale transactions in 2024, with a median price of RM 775K and a median price per square foot (PSF) of RM 321.

This area contains both residential and commercial properties. View 3 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 775K, with most transactions falling within a stable range of RM 200K to RM 1.37 million, and a typical market range of RM 275K to RM 1.28 million.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 321, though individual units vary from RM 0 to RM 663 in the core range. The broader market spans RM 67.00 to RM 575.00, indicating diverse property characteristics. A wider spread (IQR: RM 508.00) and deviation (MAD: RM 342) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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Kampung BARU SIMPANG RENGAM, Kluang, Johor

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Transactions

4 properties found

4-Storey Shop JALAN BESAR
RM 1,650,000
1,906 sqft Sep 2024
RM 866.00 PSF
3-Storey Shop JALAN SIN SEE
RM 1,200,000
2,101 sqft Jul 2024
RM 571.00 PSF
Bungalow TAMAN KOK PIN
RM 350,000
4,900 sqft Jul 2024
RM 71.00 PSF
Bungalow JALAN SIN NAM
RM 200,000
3,186 sqft Jun 2024
RM 63.00 PSF