TAMAN OKID SIMPANG RENGAM

TAMAN OKID SIMPANG RENGAM in Kluang, Johor recorded 3 subsale transactions in 2023, with a median price of RM 390K and a median price per square foot (PSF) of RM 143.

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 390K, with most transactions falling within a stable range of RM 260K to RM 520K, and a typical market range of RM 337K to RM 443K.

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

The median PSF stands at RM 143, with core pricing between RM 120 and RM 166. Market pricing typically extends from RM 122.63 to RM 163.38, reflecting moderate variation in unit pricing. The spread of RM 40.75 (IQR) and deviation of RM 23 (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.