| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bayu 12
|
RM 130,000
|
RM 153
|
850 sqft
|
|
|
Jalan Bayu 15
|
RM 125,000
|
RM 92
|
1,354 sqft
|
|
|
Jalan Bayu 7
|
RM 280,000
|
RM 190
|
1,475 sqft
|
|
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Market Snapshot
ResidentialRM 130,000
RM 153 psfMedian transaction price
33, Jalan Bayu 7, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsTaman Sri Bayu Simpang Rengam in Kluang, Johor recorded 3 subsale transactions in 2021, with a median price of RM 130K and a median price per square foot (PSF) of RM 153.
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 130K, with most transactions falling within a stable range of RM 125K to RM 202K, and a typical market range of RM 125K to RM 215K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 153, though individual units vary from RM 113 to RM 193 in the core range. The broader market spans RM 136.38 to RM 169.38, indicating diverse property characteristics. A wider spread (IQR: RM 33.00) and deviation (MAD: RM 40) 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.