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 750K to RM 793K, and a typical market range of RM 750K 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 209 to RM 426 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 109) 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

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Transactions

6 transactions grouped by size

1,600 sqft
Condo/Apartment
RM 500,000
Level 4
1,604 sqft · RM 312 PSF
1,750 sqft
Single Storey Terraced
RM 380,000
JALAN HIJAU MUDA 7
1,755 sqft · RM 217 PSF
RM 433,000
JALAN KELABU 1
1,755 sqft · RM 247 PSF
RM 430,000
JALAN KELABU 7
1,755 sqft · RM 245 PSF
RM 480,000
JALAN MERAH 6
1,755 sqft · RM 274 PSF
1,850 sqft
Single Storey Terraced
RM 400,000
JALAN MAJU 3
1,873 sqft · RM 214 PSF

No Properties For Sale

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

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