TAMAN REKAMAS I & II

TAMAN REKAMAS I & II in Kluang, Johor recorded 2 subsale transactions in 2023, with a median price of RM 355K and a median price per square foot (PSF) of RM 177.

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 355K, with most transactions falling within a stable range of RM 160K to RM 550K, and a typical market range of RM 251K to RM 459K.

Most transactions involved low-cost house, with high diversity across multiple property types.

The median PSF stands at RM 177, with core pricing between RM 143 and RM 211. Market pricing typically extends from RM 148.75 to RM 205.25, reflecting moderate variation in unit pricing. The spread of RM 56.50 (IQR) and deviation of RM 34 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.