TAMAN SRI MEWAH in Kluang, Johor recorded 2 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 88.
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 360K, with most transactions falling within a stable range of RM 275K to RM 445K, and a typical market range of RM 280K to RM 440K.
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 88, though individual units vary from RM 67 to RM 109 in the core range. The broader market spans RM 66.25 to RM 109.75, indicating diverse property characteristics. The spread of RM 43.50 (IQR) and deviation of RM 21 (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.
