KAMPUNG BARU SIMPANG RENGAM

Area Intelligence
2024
Median Price
RM 1,425,000
PSF: RM 719

Residential PSF Trends

Median Price

RM 60,000

PSF: RM 56

Commercial PSF Trends

Median Price

RM 1,425,000

RM 719 PSF

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 2 subsale transactions in 2024, with a median price of RM 1.43 million and a median price per square foot (PSF) of RM 719.

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 1.43 million, with most transactions falling within a stable range of RM 1.20 million to RM 1.65 million, and a typical market range of RM 1.20 million to RM 1.65 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 719, though individual units vary from RM 571 to RM 866 in the core range. The broader market spans RM 613.50 to RM 823.50, indicating diverse property characteristics. The spread of RM 210.00 (IQR) and deviation of RM 148 (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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KAMPUNG BARU SIMPANG RENGAM, Kluang, Johor

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Transactions

2 transactions grouped by size

1,900 sqft
4-Storey Shop
RM 1,650,000
JALAN BESAR
1,906 sqft · RM 866 PSF
2,100 sqft
3-Storey Shop
RM 1,200,000
JALAN SIN SEE
2,101 sqft · RM 571 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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