TAMAN PURNAMA SIMPANG RENGAM

TAMAN PURNAMA SIMPANG RENGAM in Kluang, Johor recorded 8 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 117.

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 190K, with most transactions falling within a stable range of RM 134K to RM 230K, and a typical market range of RM 150K to RM 230K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 117, though individual units vary from RM 92 to RM 142 in the core range. The broader market spans RM 100.25 to RM 133.75, indicating diverse property characteristics. The spread of RM 33.50 (IQR) and deviation of RM 25 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.