Area Intelligence

KAMPUNG BARU SIMPANG RENGAM

2 properties
3-Storey Storey Shop
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Median Price
RM 1,050,000
PSF: RM 566

Residential Market

Median Price

RM 90,000

RM 25 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,050,000

IQR: RM 155
MAD: RM 155
RM 566 PSF

PSF Trends (2021-2025)

KAMPUNG BARU SIMPANG RENGAM in Kluang, Johor recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 566.

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 1.05 million, with most transactions falling within a stable range of RM 900K to RM 1.20 million, and a typical market range of RM 1.00 million to RM 1.10 million.

Within the 3-Storey Storey Shop category, 1 - 1 1/2 storey semi-detached dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 566, with most transactions between RM 561 and RM 571. The usual range is RM 473.00 to RM 659.00, showing that most units are priced quite close to each other. With an IQR of RM 186.00 and MAD of RM 5, 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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KAMPUNG BARU SIMPANG RENGAM, Kluang, Johor

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Transactions

2 properties grouped by size

1,600 sqft
1 units 3-Storey Storey Shop
RM 900,000
JLN PASAR
1,604 sqft · RM 561.00 PSF
Apr 2022
2,100 sqft
1 units 3-Storey Storey Shop
RM 1,200,000
JALAN SIN SEE
2,101 sqft · RM 571.00 PSF
Jul 2024