| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau
|
RM 78,000
|
RM 131
|
594 sqft
|
|
|
Jalan Merbau
|
RM 60,000
|
RM 53
|
1,134 sqft
|
|
|
Jalan Cengal
|
RM 180,000
|
RM 121
|
1,488 sqft
|
|
|
Jalan. Cengal
|
RM 250,000
|
RM 88
|
2,845 sqft
|
|
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Market Snapshot
ResidentialRM 129,000
RM 104 psfMedian transaction price
Jalan Meranti, Kampung Hashim, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsTaman Sentosa Simpang Rengam in Kluang, Johor recorded 4 subsale transactions in 2022, with a median price of RM 129K and a median price per square foot (PSF) of RM 104.
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 129K, with most transactions falling within a stable range of RM 60K to RM 206K, and a typical market range of RM 75K to RM 183K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 104, though individual units vary from RM 74 to RM 135 in the core range. The broader market spans RM 47.30 to RM 161.55, indicating diverse property characteristics. A wider spread (IQR: RM 114.25) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.
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.