KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 2 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 61.
This area contains both residential and commercial properties. View 1 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 180K, with most transactions falling within a stable range of RM 60K to RM 300K, and a typical market range of RM 60K to RM 300K.
Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 61, with most transactions between RM 56 and RM 65. The usual range is RM 0.00 to RM 165.50, showing that most units are priced quite close to each other. With an IQR of RM 210.00 and MAD of RM 5, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
