KAMPUNG BARU SIMPANG RENGAM

Area Intelligence
2021
Median Price
RM 1,050,000
PSF: RM 566

Residential PSF Trends

Median Price

RM 60,000

PSF: RM 56

Commercial PSF Trends

Median Price

RM 1,200,000

RM 571 PSF

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 0 subsale transactions in 2021, 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 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 1.05 million, with most transactions falling within a stable range of RM 675K to RM 1.43 million, and a typical market range of RM 739K to RM 1.36 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 566, though individual units vary from RM 414 to RM 719 in the core range. The broader market spans RM 461.00 to RM 671.00, indicating diverse property characteristics. A wider spread (IQR: RM 210.00) and deviation (MAD: RM 153) 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.

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KAMPUNG BARU SIMPANG RENGAM, Kluang, Johor

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