TAMAN REKAMAS III in Kluang, Johor recorded 17 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 163.
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 200K, with most transactions falling within a stable range of RM 85K to RM 315K, and a typical market range of RM 83K to RM 318K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 163, though individual units vary from RM 123 to RM 203 in the core range. The broader market spans RM 120.25 to RM 205.75, indicating diverse property characteristics. The spread of RM 85.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
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.
