TAMAN PELANGI

Area Intelligence
2023
Median Price
RM 640,000
PSF: RM 308

Residential PSF Trends

Median Price

RM 620,000

PSF: RM 305

Commercial PSF Trends

Median Price

RM 2,792,000

RM 1,457 PSF

TAMAN PELANGI in Johor Bahru, Johor recorded 117 subsale transactions in 2023, with a median price of RM 640K and a median price per square foot (PSF) of RM 308.

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 640K, with most transactions falling within a stable range of RM 615K to RM 500K, and a typical market range of RM 467K to RM 500K.

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

For price per square foot, the median is RM 308, with most transactions between RM 283 and RM 333. The usual range is RM 240.25 to RM 375.75, showing that most units are priced quite close to each other. With an IQR of RM 135.50 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

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. Steady transaction activity supports reliable market pricing.

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TAMAN PELANGI, Johor Bahru, Johor

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Transactions

29 transactions grouped by size

1,600 sqft
Condo/Apartment
RM 490,000
Level 3
1,604 sqft · RM 306 PSF
RM 500,000
Level 1
1,604 sqft · RM 312 PSF
RM 500,000
Level 9
1,604 sqft · RM 312 PSF
1,650 sqft
Single Storey Terraced
RM 468,000
JALAN KELABU 6
1,647 sqft · RM 284 PSF
1,700 sqft
Single Storey Terraced
RM 447,000
JALAN KELABU 3
1,679 sqft · RM 266 PSF
RM 485,000
JALAN KELABU 3
1,679 sqft · RM 289 PSF
RM 435,000
JALAN KELABU 3
1,679 sqft · RM 259 PSF
1,750 sqft
Single Storey Terraced
RM 420,000
JALAN JINGGA 1
1,755 sqft · RM 239 PSF
RM 495,000
JALAN JERAU 2
1,760 sqft · RM 281 PSF
RM 490,000
JALAN BIRU MUDA
1,755 sqft · RM 279 PSF
RM 500,000
JALAN BIRU MUDA
1,755 sqft · RM 285 PSF
RM 500,000
JALAN JERAU 2
1,760 sqft · RM 284 PSF
RM 500,000
JALAN JERAU 1
1,755 sqft · RM 285 PSF
1,800 sqft
Double Storey Terraced
RM 500,000
JALAN UNGU 1
1,817 sqft · RM 275 PSF
1,850 sqft
Single Storey Terraced
RM 480,000
JALAN JERAU 5
1,870 sqft · RM 257 PSF
RM 475,000
JALAN JERAU 2
1,844 sqft · RM 258 PSF
2,000 sqft
Single Storey Terraced
RM 500,000
JALAN MAJU 4
2,024 sqft · RM 247 PSF
RM 500,000
JALAN MAJU 4
2,024 sqft · RM 247 PSF
2,050 sqft
Single Storey Terraced
RM 490,000
JALAN JERAU 10
2,040 sqft · RM 240 PSF
2,300 sqft
Single Storey Terraced
RM 430,000
JALAN JERAU 2
2,289 sqft · RM 188 PSF

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

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