TAMAN SRI MEWAH

TAMAN SRI MEWAH in Kluang, Johor recorded 7 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 133.

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 260K, with most transactions falling within a stable range of RM 117K to RM 403K, and a typical market range of RM 188K to RM 332K.

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

The median PSF stands at RM 133, with core pricing between RM 112 and RM 154. Market pricing typically extends from RM 111.75 to RM 154.25, reflecting moderate variation in unit pricing. The spread of RM 42.50 (IQR) and deviation of RM 21 (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.