TAMAN PELANGI

Area Intelligence
2024
Median Price
RM 820,000
PSF: RM 369

Residential PSF Trends

Median Price

RM 775,000

PSF: RM 357

Commercial PSF Trends

Median Price

RM 2,625,000

RM 1,563 PSF

TAMAN PELANGI in Johor Bahru, Johor recorded 95 subsale transactions in 2024, with a median price of RM 820K and a median price per square foot (PSF) of RM 369.

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 820K, with most transactions falling within a stable range of RM 742K to RM 750K, and a typical market range of RM 647K to RM 750K.

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

The median PSF stands at RM 369, with core pricing between RM 301 and RM 437. Market pricing typically extends from RM 301.25 to RM 436.75, reflecting moderate variation in unit pricing. The spread of RM 135.50 (IQR) and deviation of RM 68 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN PELANGI, Johor Bahru, Johor

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Transactions

3 transactions grouped by size

1,600 sqft
Condo/Apartment
RM 500,000
Level 5
1,604 sqft · RM 312 PSF
1,800 sqft
Condo/Apartment
RM 440,000
Level 1
1,787 sqft · RM 246 PSF
2,150 sqft
Single Storey Terraced
RM 500,000
JALAN JERAU 7
2,160 sqft · RM 231 PSF

No Properties For Sale

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

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