Johor
Kluang
Ulu Benut
TAMAN ERA SIMPANG RENGAM

TAMAN ERA SIMPANG RENGAM

Area Intelligence

2022

Median Price

RM 325,000

PSF: RM 194

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Residential PSF Trends

Median Price

RM 325,000

PSF: RM 194

TAMAN ERA SIMPANG RENGAM in Kluang, Johor recorded 3 subsale transactions in 2022, with a median price of RM 325K and a median price per square foot (PSF) of RM 194.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 325K, with most transactions falling within a stable range of RM 325K to RM 440K, and a typical market range of RM 325K to RM 376K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 194, with most transactions between RM 186 and RM 203. The usual range is RM 175.75 to RM 212.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 36.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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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TAMAN ERA SIMPANG RENGAM, Kluang, Johor

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