Area Intelligence

PEKAN LAYANG-LAYANG BARU

3 properties
2022
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Median Price
RM 415,000
PSF: RM 219

Residential Market

Median Price

RM 430,000

IQR: RM 83
MAD: RM 47
RM 196 PSF 37.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 387,500

IQR: RM 26
MAD: RM 19
RM 236 PSF 17.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN LAYANG-LAYANG BARU in Kluang, Johor recorded 3 subsale transactions in 2022, with a median price of RM 415K and a median price per square foot (PSF) of RM 219.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 385K to RM 430K, and a typical market range of RM 378K to RM 430K.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 219, with core pricing between RM 196 and RM 242. Market pricing typically extends from RM 199.00 to RM 239.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PEKAN LAYANG-LAYANG BARU, Kluang, Johor

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Transactions

3 properties grouped by size

1,650 sqft
2 units Double Storey Shop
RM 360,000
JLN BUNGA RAYA 4
1,647 sqft · RM 219.00 PSF
Jun 2022
RM 415,000
JLN BUNGA RAYA 5
1,647 sqft · RM 252.00 PSF
Jun 2022
2,200 sqft
1 units Double Storey Terraced
RM 430,000
JLN BUNGA RAYA 2
2,196 sqft · RM 196.00 PSF
Nov 2022