TAMAN SRI BAYU SIMPANG RENGAM

TAMAN SRI BAYU SIMPANG RENGAM in Kluang, Johor recorded 6 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 165.

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 250K, with most transactions falling within a stable range of RM 159K to RM 341K, and a typical market range of RM 173K to RM 328K.

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

The median PSF stands at RM 165, with core pricing between RM 141 and RM 189. Market pricing typically extends from RM 148.63 to RM 181.38, reflecting moderate variation in unit pricing. With an IQR of RM 32.75 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.