TAMAN SRI BAYU SIMPANG RENGAM

TAMAN SRI BAYU SIMPANG RENGAM in Kluang, Johor recorded 8 subsale transactions in 2022, with a median price of RM 265K and a median price per square foot (PSF) of RM 182.

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 265K, with most transactions falling within a stable range of RM 174K to RM 356K, and a typical market range of RM 188K to RM 343K.

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

Price per square foot shows a median of RM 182, though individual units vary from RM 145 to RM 219 in the core range. The broader market spans RM 165.63 to RM 198.38, indicating diverse property characteristics. The spread of RM 32.75 (IQR) and deviation of RM 37 (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.