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 2.20 million to RM 955K, and a typical market range of RM 2.20 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 0 to RM 666 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 369) 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

8 transactions grouped by size

1,900 sqft
3-Storey Shop
RM 2,450,000
JALAN PERANG
1,916 sqft · RM 1,279 PSF
RM 2,200,000
JALAN PINGAI
1,916 sqft · RM 1,148 PSF
RM 2,300,000
JALAN SERAMPANG
1,916 sqft · RM 1,200 PSF
RM 2,200,000
JALAN SERAMPANG
1,916 sqft · RM 1,148 PSF
RM 2,400,000
JALAN SERAMPANG
1,916 sqft · RM 1,253 PSF
RM 2,400,000
JALAN SRI PELANGI
1,916 sqft · RM 1,253 PSF
5,750 sqft
Bungalow
RM 3,380,000
JALAN JINGGA 3
5,775 sqft · RM 585 PSF
12,000 sqft
Bungalow
RM 2,500,000
JALAN CERMAT 7
12,000 sqft · RM 208 PSF

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