| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Harmoni 3
|
RM 145,000
|
RM 190
|
764 sqft
|
|
|
Jalan Sri Mewah 13
|
RM 138,000
|
RM 176
|
786 sqft
|
|
|
Jalan Sri Mewah 3
|
RM 220,000
|
RM 131
|
1,680 sqft
|
|
|
Jalan Sri Mewah 11/3
|
RM 250,000
|
RM 139
|
1,798 sqft
|
|
|
Jalan Sri Mewah 4
|
RM 248,000
|
RM 123
|
2,016 sqft
|
|
|
Jalan Sri Mewah 9
|
RM 590,000
|
RM 127
|
4,654 sqft
|
|
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Market Snapshot
ResidentialRM 234,000
RM 135 psfMedian transaction price
3, Jalan Sri Mewah 7, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsTaman Sri Mewah in Kluang, Johor recorded 6 subsale transactions in 2023, with a median price of RM 234K and a median price per square foot (PSF) of RM 135.
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 234K, with most transactions falling within a stable range of RM 138K to RM 386K, and a typical market range of RM 159K to RM 309K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 135, with core pricing between RM 109 and RM 161. Market pricing typically extends from RM 109.02 to RM 161.02, reflecting moderate variation in unit pricing. The spread of RM 52.00 (IQR) and deviation of RM 26 (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.