Area Intelligence

KAMPUNG BARU SIMPANG RENGAM

1 properties
4-Storey Shop
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Median Price
RM 1,650,000
PSF: RM 866

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 1,650,000

IQR: RM 148
MAD: RM 148
RM 866 PSF

PSF Trends (2021-2025)

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 1 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 1.65 million and a median price per square foot (PSF) of RM 866.

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.

Within the 4-Storey Shop category, detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 866, with most transactions between RM 866 and RM 866. The usual range is RM 612.00 to RM 1,120.00, showing that most units are priced quite close to each other. With an IQR of RM 508.00 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. 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

1 properties grouped by size

1,900 sqft
1 units 4-Storey Shop
RM 1,650,000
JALAN BESAR
1,906 sqft · RM 866.00 PSF
Sep 2024