Area Intelligence

Kampung BARU SIMPANG RENGAM

4 properties
2022
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Median Price
RM 350,000
PSF: RM 158

Residential Market

Median Price

RM 195,000

RM 45 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 155
MAD: RM 155
RM 406 PSF

PSF Trends (2021-2025)

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 4 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 158.

This area contains both residential and commercial properties. View 1 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 90K to RM 648K, and a typical market range of RM 300K to RM 400K.

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

Price per square foot shows a median of RM 158, though individual units vary from RM 0 to RM 370 in the core range. The broader market spans RM 65.00 to RM 251.00, indicating diverse property characteristics. A wider spread (IQR: RM 186.00) and deviation (MAD: RM 212) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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Kampung BARU SIMPANG RENGAM, Kluang, Johor

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Transactions

4 properties grouped by size

1,600 sqft
2 units
RM 400,000
Single Storey Shop JLN SIN SEE
1,596 sqft · RM 251.00 PSF
May 2022
RM 900,000
3-Storey Storey Shop JLN PASAR
1,604 sqft · RM 561.00 PSF
Apr 2022
3,550 sqft
1 units Detached
RM 90,000
JLN SIN NAM
3,539 sqft · RM 25.00 PSF
Jul 2022
4,600 sqft
1 units Single Storey Semi-D
RM 300,000
JLN KG PT HJ HASHIM/ TMN KOK PIN
4,621 sqft · RM 65.00 PSF
Sep 2022