TAMAN PELANGI

Area Intelligence
2022
Median Price
RM 599,000
PSF: RM 297

Residential PSF Trends

Median Price

RM 570,000

PSF: RM 284

Commercial PSF Trends

Median Price

RM 2,250,000

RM 1,174 PSF

TAMAN PELANGI in Johor Bahru, Johor recorded 84 subsale transactions in 2022, with a median price of RM 599K and a median price per square foot (PSF) of RM 297.

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 599K, with most transactions falling within a stable range of RM 1.00 million to RM 803K, and a typical market range of RM 1.00 million to RM 772K.

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 297, though individual units vary from RM 76 to RM 518 in the core range. The broader market spans RM 229.25 to RM 364.75, indicating diverse property characteristics. A wider spread (IQR: RM 135.50) and deviation (MAD: RM 221) 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.

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TAMAN PELANGI, Johor Bahru, Johor

OSM

Track location

Transactions

9 transactions grouped by size

1,700 sqft
3-Storey Shop
RM 1,480,000
JALAN SRI PELANGI
1,679 sqft · RM 881 PSF
1,900 sqft
3-Storey Shop
RM 1,630,000
JALAN ABIAD SATU
1,916 sqft · RM 851 PSF
2,650 sqft
Double Storey Semi-D
RM 1,000,000
JALAN SRI PELANGI 1
2,626 sqft · RM 381 PSF
2,800 sqft
Double Storey Semi-D
RM 1,170,000
JALAN JINGGA
2,799 sqft · RM 418 PSF
RM 1,150,000
JALAN JINGGA
2,799 sqft · RM 411 PSF
3,000 sqft
Double Storey Semi-D
RM 1,100,000
JALAN JINGGA 5
3,014 sqft · RM 365 PSF
3,200 sqft
Double Storey Semi-D
RM 1,100,000
JALAN SERAMPANG
3,186 sqft · RM 345 PSF
4,000 sqft
Double Storey Semi-D
RM 1,300,000
JALAN NILA 6
4,020 sqft · RM 323 PSF
4,650 sqft
Double Storey Semi-D
RM 1,000,000
JALAN NILA 7
4,645 sqft · RM 215 PSF

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