Area Intelligence

KAMPUNG BARU SIMPANG RENGAM

2 properties
3-Storey Shop
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Median Price
RM 1,050,000
PSF: RM 566

Residential Market

Median Price

RM 200,000

IQR: RM 8
MAD: RM 7
RM 63 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,050,000

IQR: RM 148
MAD: RM 148
RM 566 PSF

PSF Trends (2021-2025)

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 566.

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 1.05 million, with most transactions falling within a stable range of RM 900K to RM 1.20 million, and a typical market range of RM 900K to RM 1.20 million.

Within the 3-Storey Shop category, detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 566, with most transactions between RM 561 and RM 571. The usual range is RM 312.00 to RM 820.00, showing that most units are priced quite close to each other. With an IQR of RM 508.00 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.

Area Location

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KAMPUNG BARU SIMPANG RENGAM, Kluang, Johor

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Transactions

2 properties grouped by size

1,600 sqft
1 units 3-Storey Shop
RM 900,000
JALAN PASAR
1,604 sqft · RM 561.00 PSF
Apr 2022
2,100 sqft
1 units 3-Storey Shop
RM 1,200,000
JALAN SIN SEE
2,101 sqft · RM 571.00 PSF
Jul 2024