PUSAT PERNIAGAAN PELANGI in Kluang, Johor recorded 1 subsale transactions in 2023, with a median price of RM 450K and a median price per square foot (PSF) of RM 154.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 415K to RM 485K, and a typical market range of RM 425K to RM 475K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 154, with core pricing between RM 131 and RM 177. Market pricing typically extends from RM 137.45 to RM 169.95, reflecting moderate variation in unit pricing. With an IQR of RM 32.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.