TAMAN REKAMAS III in Kluang, Johor recorded 7 subsale transactions in 2021, with a median price of RM 395K and a median price per square foot (PSF) of RM 225.
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 395K, with most transactions falling within a stable range of RM 280K to RM 510K, and a typical market range of RM 278K to RM 513K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 225, with core pricing between RM 185 and RM 265. Market pricing typically extends from RM 182.25 to RM 267.75, reflecting moderate variation in unit pricing. 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
