Area Intelligence

TAMAN KLUANG BARU

3 properties
2023
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Median Price
RM 800,000
PSF: RM 296

Residential Market

Median Price

RM 380,000

IQR: RM 84
MAD: RM 12
RM 250 PSF 184.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 825,000

IQR: RM 160
MAD: RM 68
RM 396 PSF 19.7%

PSF Trends (2021-2025)

TAMAN KLUANG BARU in Kluang, Johor recorded 3 subsale transactions in 2023, with a median price of RM 800K and a median price per square foot (PSF) of RM 296.

This area contains both residential and commercial properties. View 3 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 800K, with most transactions falling within a stable range of RM 589K to RM 850K, and a typical market range of RM 625K to RM 850K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 296, though individual units vary from RM 189 to RM 403 in the core range. The broader market spans RM 186.00 to RM 406.00, indicating diverse property characteristics. A wider spread (IQR: RM 220.00) and deviation (MAD: RM 107) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN KLUANG BARU, Kluang, Johor

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Transactions

3 properties grouped by size

1,500 sqft
1 units Double Storey Terraced
RM 380,000
JLN NG PI TON
1,518 sqft · RM 250.00 PSF
Dec 2023
1,700 sqft
1 units 3-Storey Storey Shop
RM 850,000
JLN MERSING
1,715 sqft · RM 496.00 PSF
Mar 2023
2,700 sqft
1 units Double Storey Shop
RM 800,000
JLN KG.PAYA
2,702 sqft · RM 296.00 PSF
Jun 2023