TAMAN MEGA

TAMAN MEGA in Kluang, Johor recorded 2 subsale transactions in 2023, with a median price of RM 129K and a median price per square foot (PSF) of RM 167.

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 129K, with most transactions falling within a stable range of RM 125K to RM 133K, and a typical market range of RM 125K to RM 133K.

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

For price per square foot, the median is RM 167, with most transactions between RM 161 and RM 172. The usual range is RM 155.13 to RM 177.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 22.75 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.