Johor
Kluang
Ulu Benut
TAMAN SRI MEWAH

TAMAN SRI MEWAH

Area Intelligence

2023

Median Price

RM 141,500

PSF: RM 182

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Residential PSF Trends

Median Price

RM 141,500

PSF: RM 182

TAMAN SRI MEWAH in Kluang, Johor recorded 2 subsale transactions in 2023, with a median price of RM 142K and a median price per square foot (PSF) of RM 182.

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 142K, with most transactions falling within a stable range of RM 138K to RM 145K, and a typical market range of RM 138K to RM 145K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 182, with most transactions between RM 179 and RM 185. The usual range is RM 160.25 to RM 203.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.50 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.

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TAMAN SRI MEWAH, Kluang, Johor

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