TAMAN SENTOSA SIMPANG RENGAM in Kluang, Johor recorded 3 subsale transactions in 2023, with a median price of RM 120K and a median price per square foot (PSF) of RM 202.
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 120K, with most transactions falling within a stable range of RM 70K to RM 170K, and a typical market range of RM 66K to RM 174K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 202, though individual units vary from RM 155 to RM 249 in the core range. The broader market spans RM 144.88 to RM 259.13, indicating diverse property characteristics. The spread of RM 114.25 (IQR) and deviation of RM 47 (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.
