TAMAN REKAMAS III in Kluang, Johor recorded 18 subsale transactions in 2022, with a median price of RM 270K and a median price per square foot (PSF) of RM 164.
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 270K, with most transactions falling within a stable range of RM 155K to RM 385K, and a typical market range of RM 153K to RM 388K.
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 164, though individual units vary from RM 124 to RM 204 in the core range. The broader market spans RM 121.25 to RM 206.75, 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.
