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Market Snapshot
ResidentialRM 406,000
RM 231 psfMedian transaction price
Taman Era, Kampung Hashim, 86200 Simpang Renggam, Johor, Malaysia
MapsTaman Era Simpang Rengam in Kluang, Johor recorded 0 subsale transactions in 2021, with a median price of RM 406K and a median price per square foot (PSF) of RM 231.
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 406K, with most transactions falling within a stable range of RM 341K to RM 471K, and a typical market range of RM 356K to RM 457K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 231, with most transactions between RM 213 and RM 249. The usual range is RM 212.75 to RM 249.25, 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 18 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.