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Market Snapshot
ResidentialRM 180,000
RM 236 psfMedian transaction price
3, Jalan Sri Mewah 7, 86200 Simpang Renggam, Johor Darul Ta'zim, Malaysia
MapsTaman Sri Mewah in Kluang, Johor recorded 1 subsale transactions in 2024, with a median price of RM 180K and a median price per square foot (PSF) of RM 236.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 236, with most transactions between RM 236 and RM 236. The usual range is RM 209.53 to RM 261.53, showing that most units are priced quite close to each other. With an IQR of RM 52.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.