TAMAN PELANGI

Area Intelligence
2021
Median Price
RM 600,000
PSF: RM 318

Residential PSF Trends

Median Price

RM 590,000

PSF: RM 313

Commercial PSF Trends

Median Price

RM 2,900,000

RM 1,514 PSF

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 518K to RM 682K, and a typical market range of RM 500K to RM 760K.

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 247 to RM 388 in the core range. The broader market spans RM 249.75 to RM 385.25, indicating diverse property characteristics. The spread of RM 135.50 (IQR) and deviation of RM 71 (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. Moderate transaction volume may require patience when buying or selling.

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TAMAN PELANGI, Johor Bahru, Johor

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Transactions

15 transactions grouped by size

1,600 sqft
Condo/Apartment
RM 500,000
Level 4
1,604 sqft · RM 312 PSF
RM 560,000
Level 7
1,604 sqft · RM 349 PSF
RM 505,000
Level 8
1,604 sqft · RM 315 PSF
RM 565,000
Level 8
1,604 sqft · RM 352 PSF
1,700 sqft
Condo/Apartment
RM 668,000
Level 8
1,679 sqft · RM 398 PSF
1,750 sqft
RM 550,000
JALAN HIJAU MUDA 7
1,755 sqft · RM 313 PSF
RM 650,000
JALAN JINGGA 2
1,755 sqft · RM 370 PSF
RM 670,000
JALAN HIJAU MUDA 8
1,755 sqft · RM 382 PSF
1,850 sqft
Double Storey Terraced
RM 630,000
JALAN HIJAU MUDA 3
1,851 sqft · RM 340 PSF
1,900 sqft
Double Storey Terraced
RM 600,000
JALAN UNGU 4
1,876 sqft · RM 320 PSF
2,050 sqft
Double Storey Terraced
RM 760,000
JALAN SRI PELANGI 2
2,034 sqft · RM 374 PSF
2,100 sqft
Double Storey Terraced
RM 600,000
JALAN KUNING 3
2,100 sqft · RM 286 PSF
3,350 sqft
Single Storey Terraced
RM 750,000
JALAN JINGGA 1
3,358 sqft · RM 223 PSF
3,450 sqft
Single Storey Terraced
RM 590,000
JALAN MAJU 3
3,455 sqft · RM 171 PSF
4,650 sqft
Single Storey Semi-D
RM 750,000
JALAN NILA 7
4,645 sqft · RM 161 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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