Taman Pelangi
Johor Bahru, Johor, Malaysia
Johor Bahru, Johor, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Jalan Cermat 6
|
RM 1,200,000
|
RM 429
|
2,800 sqft
|
|
Semi-D |
|
Jalan Nila 7
|
RM 750,000
|
RM 161
|
4,645 sqft
|
|
Semi-D |
|
Jalan Kuning 3
|
RM 600,000
|
RM 317
|
1,894 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 650,000
RM 315 psfMedian transaction price
RM 2,625,000
RM 1,510 psfMedian transaction price
Taman Pelangi, Johor Bahru, Johor, Malaysia
MapsTaman Pelangi in Johor Bahru, Johor recorded 353 subsale transactions between 2021 and 2026, with a median price of RM 690K and a median price per square foot (PSF) of RM 418.
This area contains both residential and commercial properties. View 305 residential properties or 41 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 690K, with most transactions falling within a stable range of RM 530K to RM 850K, and a typical market range of RM 490K to RM 890K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 418, with core pricing between RM 350 and RM 486. Market pricing typically extends from RM 347.25 to RM 488.25, reflecting moderate variation in unit pricing. The spread of RM 141.00 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. High transaction volume ensures good market liquidity and easier price discovery.