TAMAN OKID SIMPANG RENGAM

TAMAN OKID SIMPANG RENGAM in Kluang, Johor recorded 3 subsale transactions in 2022, with a median price of RM 100K and a median price per square foot (PSF) of RM 175.

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 100K, with most transactions falling within a stable range of RM 20K to RM 180K, and a typical market range of RM 24K to RM 177K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 175, with core pricing between RM 153 and RM 197. Market pricing typically extends from RM 156.00 to RM 194.00, reflecting moderate variation in unit pricing. With an IQR of RM 38.00 and MAD of RM 22, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.