TAMAN PELANGI

TAMAN PELANGI in Johor Bahru, Johor recorded 24 subsale transactions in 2021, with a median price of RM 600K and a median price per square foot (PSF) of RM 318.

This area contains both residential and commercial properties. View 293 residential properties or 34 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 380K to RM 1.40 million, and a typical market range of RM 427K to RM 773K.

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

Price per square foot shows a median of RM 318, though individual units vary from RM 0 to RM 749 in the core range. The broader market spans RM 249.75 to RM 385.25, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) and deviation (MAD: RM 432) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.